Last updated: January 30, 2018
1 minutes read
Revealed as strong cloud figures reported
SAP has revealed its biggest acquisition in more than three years, scooping up US-listed Callidus Software for an enterprise value of $2.4bn.
It comes as the company reported earnings for Q4, generating sales of €6.8bn in the period.
SAP's new cloud bookings, a keenly watched metric for future sales growth, grew 31% at constant currencies.