The Channel logo

News

By | Joe Fay 4th December 2007 16:34

Stock market breaks out mistletoe for Microsoft-SAP

Old chestnuts, get your old chestnuts

Rumours that SAP might be in takeover talks with Microsoft have pushed up shares in the German software giant over the last couple of days.

Reuters reports that large numbers of shares in SAP changed hands today, as traders reacted to the rumour which began circulating on Monday.

We say Monday, but an SAP love match has been on the cards before.

Back in 2004, a court hearing on Oracle’s proposed takeover of PeopleSoft heard that Microsoft and SAP had previously been in serious talks about a combination. The news was enough to upstage even Larry Ellison. The talks foundered on the “complexity” of any deal.

Only last year, SAP chairman Hassno Plattner told the Financial Times that the company was open to being bought out by one of the US technology giants.

Microsoft would be one of a small number of companies with deep enough pockets to swallow SAP. Its market cap is currently $62.85bn. Back in 2004 it was a comparative bargain at $52bn. ®

comment icon Read 3 comments on this article alert Send corrections

Opinion

WWI French tank picture via Shutterstock
Vinod_Khosla

Chris Mellor

A VC with startup agenda slams established suppliers. Surprised? Neither were we
ZenPad_RealRacing
Boy writes a letter to Santa. Pic via Shutterstock

Kat Hall

Cornwall's win over BT should be a cautionary relationship tale

Features

Eclipse image via Shutterstock
The Azure Portal: Microsoft is betting on cloud for its future business
container_ship_hamburg_shutterstock_648
Michael Dell. Pic by Joi Ito
Cool Texas dude is just your average billionaire