Tuesday 2nd October, 2012
SAP has announced that it has completed its acquisition of Ariba. Through the acquisition, SAP will deliver an industry-leading end-to-end procurement solution with an aim to become the leader in the fast-growing segment of inter-enterprise cloud-based business networks. SAP plans to expand its reach by tapping into the existing Ariba network regardless of organisation size or industry, and no matter whether on premise or on demand. SAP also plans to provide open access to the business network, extending the benefits of business collaboration to any company, on any system, from any provider.
“SAP and Ariba form a powerful combination, perfectly positioned to enable our customers to collaborate more efficiently with their global network of customers and partners,” said SAP Co-CEOs Bill McDermott and Jim Hagemann Snabe.“We share a common passion for customer-driven innovation and putting our customers at the center of everything we do. Together, we will create the premier business network to connect businesses and their systems to those of their trading partners and enable new processes only possible in a digital environment.”
“Perceptive executives have come to understand that creating value means embracing networks of people and coordinating their efforts,” said Ariba CEO Bob Calderoni. “By combining SAP innovations and core applications with the Ariba Network, we can create new ways for businesses to collaborate through the cloud and deliver business results faster.”
SAP will consolidate all cloud-related supplier assets of SAP under Ariba, which will operate as an independent business under the name “Ariba, an SAP company.” Calderoni will be appointed to the SAP Global Managing Board subject to the consent of the SAP Supervisory Board.
The remaining challenge will now be to see how a smaller, more dynamic organisation can effectively integrate with their larger, more corporate partner to deliver the value to their customers.