Stories about: SAP

M&A industry veteran Paul Deninger, a vice chairman at Jefferies & Co., has made a living advising companies on mergers, acquisitions, IPOs and the like. But even he acknowledges that too much industry consolidation isn't a good thing for technology innovation. I spoke with Deninger this week about the state of the M&A market and what’s likely ahead.

Enterprise software maker Infor Global Solutions quietly laid off about 5 percent of its roughly 9,000 workers last week, making it the latest of its peers to trim staff during the economic downturn.

Having coined the phrase "the network is the computer" more than a decade ago Sun Microsystems could expect to be leading the march towards cloud computing, but in some ways it is still at the start line.

A top SAP executive on Wednesday said the company is "implementing a series of tough, tough actions to convert the company to a much leaner operation than it is today," but did not utter the word "layoff."

Hit by the global economic slowdown, Adobe Systems said Wednesday that it would cut 600 jobs and lowered its revenue expectations for the fourth quarter.

The beginning of a new year normally is a time to reflect; it's all the more so when the network industry is facing (along with the rest of the economy) a major financial crisis. We are of a generation that has taken network growth for granted, that has seen the Internet reshape culture and that has come to believe that "more bits" paves the road to the future. It just might be that this comfortable view is the greatest threat we face, because networking is going to change one way or the other.

It's official: IT budgets, once so resilient in the face of three years of worsening economic news, aren't immune to the downturn after all.

SAP co-CEO Henning Kagermann allegedly held strong concerns at one point about the legal implications of buying TomorrowNow, the now-shuttered SAP subsidiary tied to a lawsuit filed by rival vendor Oracle.

Innovation is not just about cool new products. In technology, the best ideas require a) really smart people and b) lots of funding. For the past 33 years, Microsoft has had both in spades.

Demand for ICT professionals remains strong despite the gloomy economic climate, according to the Clarius Skills Index.

SAP will bring a unified interface across its suite of business applications over the next few quarters as part of an ongoing effort to make its software easier to implement, according to company co-CEO Leo Apotheker.