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DOJ Clears SAP Acquisition of Ariba

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Ericsson Announces Deal with SAP Reached for Delivering Network-Enabled Cloud Solutions

SAP (NYSE: SAP) and Ariba (NASDAQ: ARBA) today announced that the U.S. Department of Justice has terminated the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act in connection with the Company's acquisition of Ariba, Inc. All of the required regulatory approvals for the transaction have now been received, and SAP and Ariba anticipate completing the acquisition in the first week of October 2012. 

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Posted-In: News Guidance Management

 

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