Articles tagged “sap”

Concur Buys Hipmunk to Bring Consumer Tools to Its Business Travelers

Concur Buys Hipmunk to Bring Consumer Tools to Its Business Travelers

Dennis Schaal and Jason Clampet, Skift

Six years after brashly boasting about how it would disrupt travel search, Hipmunk, which had to compete against larger players with more ample war chests, is exiting into the business travel portfolio of Concur. Hipmunk's turn toward business travel may make it more of a business-to-business play than its current consumer incarnation. As Concur's TripIt example shows, it remains to be seen how innovative Hipmunk can be given larger corporate priorities within SAP/Concur.

2 years ago

SAP Invests in Travel Startups Through Concur’s Perfect Trip Fund

SAP Invests in Travel Startups Through Concur’s Perfect Trip Fund

Dennis Schaal, Skift

Concur's travel and expense offerings are a high-profile element of SAP's portfolio rather than blending into oblivion. SAP has not shut down Concur's Perfect Trip Fund and continues to invest in travel startups.

3 years ago

SAP’s Concur Says It Continued to Invest in Travel Tech Startups

SAP’s Concur Says It Continued to Invest in Travel Tech Startups

Dennis Schaal, Skift

Concur officials are saying all the right things about the future of the company under SAP ownership. Sometimes acquisitions don't turn out exactly as one or both of the parties intended, so we'll just have to wait and see how it all turns out.

4 years ago

No Bidding War for Concur as SAP Made the Only Acquisition Offer

No Bidding War for Concur as SAP Made the Only Acquisition Offer

Dennis Schaal, Skift

What does it mean that there was only one bidder, SAP, for Concur? There are only a handful of companies -- perhaps Oracle, IBM, the Priceline Group, and American Express -- that have both the resources to pay more than $8 billion for an acquisition and have an interest in making a business out of travel technology for corporations. In addition, Concur still has plenty of skeptics.

4 years ago

American Express to Vote in Favor of Concur-SAP Merger

American Express to Vote in Favor of Concur-SAP Merger

Dennis Schaal, Skift

Strategic differences between American Express and Concur didn't stop American Express from investing in the growing company, and it will vote in favor of the merger and make a windfall.

4 years ago

Concur and SAP Emails to Employees Cover the Future in an SAP Context

Concur and SAP Emails to Employees Cover the Future in an SAP Context

Dennis Schaal, Skift

The SAP-ization of Concur won't begin in earnest until after the acquisition closes toward the end of this year or early in 2015. Decisions haven't been made yet as to how their overlapping products will blend together.

4 years ago

SAP’s $8.3 Billion Acquisition of Concur Means the Death of the Perfect Trip

SAP’s $8.3 Billion Acquisition of Concur Means the Death of the Perfect Trip

Dennis Schaal, Skift

SAP's gain is the travel industry's loss as it will likely lose a strong advocate for travel startup innovation. Concur was unique among travel operators in bankrolling innovation among travel startups, whether it had a direct tie-in to business travel or not.

4 years ago

Concur to Be Acquired by SAP for $8.3 Billion

Concur to Be Acquired by SAP for $8.3 Billion

Rafat Ali, Skift

This is the biggest M&A deal to occur within the travel industry in the past few years and will have a ripple effect throughout the sector.

4 years ago

Concur Looks to Lure Priceline and Others Despite High Price Tag

Concur Looks to Lure Priceline and Others Despite High Price Tag

Tara Lachapelle, Bloomberg

Priceline is already doubting the high cost it paid for Priceline, so it's doubtful that another high-priced acquisition -- even though it has the money -- is that attractive to it right now.

4 years ago

Concur Exploring a Sale, Approached SAP and Oracle, Report Says

Concur Exploring a Sale, Approached SAP and Oracle, Report Says

Alex Sherman, Aaron Ricadela and Matthew Campbell , Bloomberg

Is this the end of the Perfect Trip, the vision espoused by Concur? There have been rumors that Concur's open booking initiative, TripLink, has been slow in getting traction, and this exploration of strategic alternatives, if true, could highlight some of those difficulties.

4 years ago