SAP invests more in clouds
 

Strategic transition in Callidus

The maker of expensive management software which is so esoteric few people know what it does has designed to invest $2.4 billion to get more practical about clouds.

SAP has announced a $2.4 billion acquisition of Callidus to help it boost revenues from its cloud platform and CEO Bill McDermott said it would streamline its overall business this year to bolster margins.

http://fudzilla.com/news/45490-sap-i...more-in-clouds