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Concur, SAP, data and the pivoting of corporate travel

09/23/2014| 7:40:47 PM| 中文

The rumoured bidding war is over – Germany-based SAP emerged as the victor in the battle to acquire Concur.

The deal for the US expense management and corporate travel IT company was $8.3 billion, more than three times as that much paid by Priceline to buy OpenTable earlier this year.

SAP was mostly known as a back office financial vendor but has clearly set its sights on expanding the footprint of the company.

First of all, there is some obvious synergy between Concur and SAP.

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TAGS: SAP | Concur | corporate travel | acquisition | GDS | TMC
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