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Articles tagged “sap”

Online Travel

SAP Concur Is a Collateral Victim of the Collapse in Business Travel

SAP has pared back its own business travel. It probably had those cuts in mind when it lowered forecasts for its Concur unit, which offers travel expense management software.

SAP Concur Is a Collateral Victim of the Collapse in Business Travel

Mergers and Acquisitions

Hipmunk Co-Founders Spurned by SAP Concur in Attempt to Buy Back the Company

It isn't very unusual for a company like Hipmunk to get acquired and then to fade into oblivion in the clutches of a much larger corporation. That's the way it goes in the heartless mergers-and-acquisitions game.

Hipmunk Co-Founders Spurned by SAP Concur in Attempt to Buy Back the Company

Business Travel

Coupa Is Gunning for SAP Concur’s Share of the Travel Expense Business

Most corporate travelers would rather think about anything else than booking and expensing travel. That's why companies are scrambling to help reduce that pain point for road warriors. We expect Coupa, Certify, Chrome River, and SAP Concur to acquire more travel tech companies to help seize the opportunity.

Coupa Is Gunning for SAP Concur’s Share of the Travel Expense Business

Online Travel

Concur Buys Hipmunk to Bring Consumer Tools to Its Business Travelers

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.

Concur Buys Hipmunk to Bring Consumer Tools to Its Business Travelers

Online Travel

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

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.

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

SkiftX

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

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.

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

SkiftX

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

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.

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

Business Travel

American Express to Vote in Favor of Concur-SAP Merger

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.

American Express to Vote in Favor of Concur-SAP Merger

Business Travel

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

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.

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

SkiftX

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

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.

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