As Joachim Sander looks for a new car, he’s thinking it might be time to go electric. German Chancellor Angela Merkel will need the help of the Frankfurt IT consultant -- and a lot more like him -- to keep her word.
SAP AG, the largest maker of business-management software, agreed to buy SuccessFactors Inc. for $3.4 billion in cash, stepping up competition with archrival Oracle Corp. in the cloud-computing market.
SAP AG’s new co-chief executive officers Bill McDermott and Jim Hagemann Snabe are rushing to beat Oracle Corp. in software for wireless Internet transactions with a $5.8 billion acquisition of Sybase Inc.
Nokia Oyj’s board has stayed in the background as the company’s shares plummeted 67 percent in the three years since Apple Inc. started selling the iPhone. Pressure has been building on directors to act.