News tagged with sap ag

SAP profits up 23 percent as cloud computing grows

Business management software company SAP AG says net profit rose 23 percent in the third quarter as its cloud computing business grew rapidly and the company kept down costs by holding down hiring of new employees.

Oct 21, 2013
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Siemens appoints board replacement for Ackermann

German engineering company Siemens is appointing the co-CEO of business software maker SAP to its board of directors to replace Josef Ackermann, who resigned in the wake of the board's decision to push out chief executive ...

Sep 18, 2013
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A look back at some major CEO flameouts

Ron Johnson's short-lived tenure as J.C. Penney's CEO will go down as one of the biggest flameouts in corporate America. The former Apple executive was hailed as a big thinker when he was hired by the ailing ...

Apr 09, 2013
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SAP sales rise, company boosts outlook

(AP)—Business software maker SAP AG saw its third quarter profit fall from a year ago because of a large one-time gain booked then, but the company raised its sales outlook for the year and said its business in cloud computing ...

Oct 24, 2012
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SAP says profits up in first quarter

German software giant SAP said Wednesday it was sticking to its full-year targets for 2012 after net profit rose 10 percent in the first three months.

Apr 25, 2012
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Oracle rejects $272M SAP award, demands new trial

Business software maker Oracle Corp. has turned down $272 million in court-ordered damages from SAP AG in hopes of leaving a much bigger dent in its rival's pocketbook and reputation during a second trial over allegations ...

Feb 07, 2012
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SAP to pay $3.4B for SuccessFactors

(AP) -- SAP said Saturday it is paying $3.4 billion to acquire SuccessFactors, a software company specializing in human resources tasks. It is the latest move in the escalating rivalry between SAP and Oracle Corp., and underscores ...

Dec 04, 2011
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HP to name Meg Whitman as CEO

(AP) -- Hewlett-Packard is set to name Meg Whitman, the former eBay CEO and California candidate for governor, as its new CEO, forcing aside Leo Apotheker after just 11 months on the job.

Sep 22, 2011
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Mulling Meg Whitman: HP considers CEO shakeup

(AP) -- As trial balloons go, Hewlett-Packard's not-so-secret handwringing -over whether to dump CEO Leo Apotheker and replace him with former eBay CEO Meg Whitman- was a success. Investors like the idea. News that the company's ...

Sep 22, 2011
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