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Company Statement: SAP to expand cloud presence with acquisition of Ariba

( May 22, 2012, 16:00 GMT | Official Statement) -- MLex Summary: SAP announced that it plans to acquire, through its subsidiary SAP America, cloud-based business commerce network Ariba for around 4.3 billion dollars. The deal is subject to regulatory approvals and the parties expect to close the deal in the third quarter.The full statement follows:...

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