The rumour mill is on overdrive at the moment with Oracle putting in a bid for SAP.
The financial experts think there is not much substance to the rumour and might be done to prove to the public that Oracle is large enough to make a bid for SAP.
The timing is perfect to deflect attention away form Sap’s news on releasing a SaaS version for the mid market plus the competition authorities would not allow this deal to go through.
update
31.05.2007 :The story is doing the rounds again with SAP stock up ,the feedback is that oracle has bought 8% of SAP.
Where there is smoke there is fire ,SAP is involved in all the rumours and is getting bad press at the moment for their future strategy.
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