Deals
Flying in the Cloud Makes Concur Enticing Bait: Real M&A
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As Concur Technologies Inc. shops itself, SAP SE or Priceline Group Inc. may find they can justify the high price.
Concur, the $6 billion company that Bloomberg News reported is exploring a sale, would be one of the most expensive software acquisition targets of the past five years. It would let a buyer such as SAP, which has stagnating growth, grab hold of an expanding cloud-software business that manages corporate travel and expenses for 23,000 customers, including Google Inc.