SAP to Accelerate Cloud Strategy With Acquisition of SuccessFactors

SAP and SuccessFactors today announced that SAP America., Inc. has entered into a definitive merger agreement with SuccessFactors, the market-leading provider of cloud-based human capital management (HCM) solutions. The combination of SAP and SuccessFactors will establish an advanced end-to-end offering of cloud and on-premise solutions for managing all relevant business processes. Read the press release.