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SAN FRANCISCO -- Taking a page from the Oracle(ORCL Quote) playbook, SAP's(SAP Quote) acquisition Monday of a business intelligence software vendor spells a more flexible attitude at the German software maker.
SAP announced its intent to buy Business Objects(BOBJ Quote) for $6.8 billion. The deal is expected to close in the first quarter of 2008.
SAP Chief Financial Officer Werner Brandt said roughly half the acquisition price will be paid out of cash, with the remainder to be financed through borrowing that the company intends to repay by the end of 2009.
"It will have some impact on the share buyback for the next two years," Brandt said. ...
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