The SAP enterprise-software spinoff has benefited from the acceleration of the digital transition amid the coronavirus pandemic.
The coronavirus pandemic has "increased [private-equity] interest in companies whose offerings make it easier to reach employees and students remotely.”
"Slack looks like the natural fit for Salesforce to beef up its collaboration and messaging footprint and keep pace with [Microsoft]."
“COVID-19 has created an inflection point for our customers," the company said as it announced a "strategic pivot" to cloud computing.
CD&R has “significant experience investing in the industrial sector, from which most of Epicor’s customer base hails."
The enterprise software maker lowered its full-year guidance, citing the effects of the coronavirus crisis on new business bookings.
The company's autonomous database and ERP products will “determine Oracle's future in the cloud,” CTO Larry Ellison says.
CFO Robynne Sisco cautioned that the Scout RFP acquisition and new products launching next year would have a delayed impact on its results.
“Despite continued macro uncertainties we couldn't be more confident” that 2019 will be “another stellar year” for SAP, CFO Luka Mucic says.
“We believe we are defining a new category called the Security Cloud," the company says in its prospectus.
The deal includes the Lotus Notes, Domino, and Portal products that were at one time major contributors to IBM's enterprise business.
The $8 billion deal "reaffirms experience management as the groundbreaking new frontier for the technology industry,” SAP's CEO says.
