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SAP Could Hold Key to App Battle

Stock quotes in this article: MSFT , SAP , ORCL , IBM , JAVA  

Updated from 2:37 p.m. EDT

Rumors that Microsoft(MSFT Quote) is planning to buy SAP(SAP Quote) may be wide of the mark, but the German software giant is still seen as a key player in a turbulent tech landscape.

Microsoft CEO Steve Ballmer dismissed recent speculation about a SAP purchase as "random rumor" on Tuesday, according to media reports. Ballmer poured water on the rumor just a day after Microsoft sold a $3.75 billion debt issue, which had added fuel to the M&A chatter.

With the tech sector in a state of flux, however, there is a great deal of interest in which firms will be next on the block. Oracle's(ORCL Quote) recent acquisition of Sun Microsystems(JAVA Quote), for example, was a surprise move that sent shockwaves though the software sector. ...

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