The Channel logo


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


Frank Jennings

What do you do? Use manual typwriters or live in a Scottish croft? Our man advises
A rusty petrol pump at an abandoned gas station. Pic by Silvia B. Jakiello via shutterstock

Trevor Pott

Among other things, Active Directory needs an overhaul
Baby looks taken aback/shocked/affronted. Photo by Shutterstock

Kat Hall

Plans for 2 million FTTP connections in next four years 'not enough'
Microsoft CEO Satya Nadella


League of gentlemen poster - Tubbs and Edward at the local shop. Copyright BBC
One reselling man tells his tale of woe