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SAP is buying Bellevue-based Concur Technologies in deal valued at $8.3 billion, a 20 percent premium over the Sept. 17th closing price. Founded in 1993, ...
With revenues of nearly $862 million expected for the fiscal year ending September 2015, Concur looks to be valued at approximately 9.6x forward FY sales. Comparatively, recent acquisitions in the ...
Concur co-founder on $8.3B SAP acquisition: It was a ‘gut-wrenching’ decision by Taylor Soper on January 30, 2015 at 1:19 pm January 30, 2015 at 11:30 pm Share Tweet Share Reddit Email ...
Concur was founded back in 1993, and successfully shifted to a SaaS model – it currently has some 23,000 customers worldwide and a workforce of some 4,200.
SAP’s announcement that it will pay US$8.3 billion to buy business-travel and expense software vendor Concur might have generated less initial buzz than the companies hoped, given it was almost ...
German software producer SAP SE agreed to buy Concur Technologies, a provider of software for expense and travel management, in a deal with an enterprise value of about $8.3 billion.
SAP Concur on Wednesday announced a new intelligent expense auditing tool called Verify that automatically checks expense reports for various issues and anomalies based on employer spend policies.
Two of Concur’s three co-founders are leaving the travel and expense software company just a few weeks after SAP closed its acquisition of the vendor. Mike Hilton, chief product officer, and Raj ...
Concur will expand SAP's business network to reach into the US$1.2 trillion corporate travel spectrum. Concur has developed an open platform to connect the corporate travel ecosystem, such as ...
Two of the three founders of Concur Technologies will leave the company, a reshuffling of the Bellevue firm’s executive ranks a few weeks after it was acquired by German software giant SAP.