Tech Giants Hungry for M&A

June 24, 2011 The Street.com – Colleen Taylor

Business management software giant SAP (SAP_) looks to buy things that it can’t, or won’t, build internally. “We don’t do tactical acquisitions, we only do strategic acquisitions,” interim CMO Jonathan Becher said. “We typically do acquisitions for market creation, to get into things we’re not [currently] in.”

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