SAP Stresses It’s Not in Talks with Oracle

Apr 15, 2005 / By Paul Vallee

Tags: ,

In response to the news that SAP CEO Henning Kagermann would listen if approached by Oracle about a merger, SAP has issued the following statement: “SAP is not in merger talks with Oracle, and there is absolutely no substance to this situation other than media speculation.”

The company stressed that Kagermann was responding to a hypothetical question, and that he is required to listen to all offers as part of his “fiduciary responsibility to SAP shareholders.

Leave a Reply

  • (will not be published)

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>