SAP May Reach EU21 Billion in 2015 Sales on SuccessFactors Deal
December 04, 2011, 4:20 PM ESTBy Aaron Ricadela and Ragnhild Kjetland
Dec. 4 (Bloomberg) -- SAP AG, the largest maker of business-management software, said the purchase of SuccessFactors Inc. may help it to reach sales of 21 billion euros in 2015.
The deal could add as much as 1 billion euros to sales in 2015, co-Chief Executive Officer Bill McDermott said in a telephone interview today. Before the SuccessFactors deal, announced yesterday, SAP had targeted sales of 20 billion euros in 2015.
“We envision that SuccessFactors will be on top of the 20 billion euros,” McDermott said today. “Could it be an extra billion? Absolutely. Without a doubt.”
To contact the editor responsible for this story: Simon Thiel at sthiel1@bloomberg.net
