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The stock market liked the acquisition and the price of Ariba's shares rose from $57 at the time of the announcement to $173 at closing on March 9, 2000, which also marked the peak of the Internet Bubble. The 33.2 million shares that Ariba issued to buy Tradex were then worth $5.6 billion to Tradex shareholders.
Coupa Software Incorporated is an American technology platform for Business Spend Management (BSM). [2] The company is headquartered in San Mateo, California with offices throughout Europe, Latin America, and Asia Pacific. Coupa helps companies gain visibility into and control over how they spend money, optimize supply chains, and manage liquidity.
Keith J. Krach (born April 1, 1957) is an American businessman and former diplomat. He is the former chairman and CEO of DocuSign. [1] Krach co-founded Ariba, and was chairman and CEO, [2] and is recognized for his work in B2B Commerce and Digital Transaction Management. [3] Krach was chairman of the board of Angie’s List. [4]
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The stock recently received a strong buy signal from several Wall Street analysts, with an average forecast price target increase of 14.18 percent as of Aug. 26, 2024, according to Tipranks. 3 ...
B&H Captures New Business Leads through Ariba Leading retailer of imaging products leverages Ariba Discovery to find and close more than $200,000 in additional revenue SUNNYVALE, Calif.--(BUSINESS ...
SAP is a component of the DAX and Euro Stoxx 50 stock market indices. [ 11 ] The company is the largest non-American software company by revenue and the world's third-largest publicly traded software company by revenue. As of December 2023, SAP is the largest German company by market capitalization.
At the peak of the dot-com bubble in March 2000, SAP Ariba acquired Tradex for 19 million shares of Ariba stock, then worth $5.6 billion. [1] The company received 60% of revenue from licensing its software, 30% from support services, and 10% from transaction fees.