The head of Germany’s SAP thinks he knows who will buy Salesforce: no one.
According to Reuters, SAP chief executive Bill McDermott was seeking to quash any talk that the software giant would make a run at the San Francisco-based cloud service.
[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":1733630,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,cloud,entrepreneur,","session":"A"}']Last month, word leaked that Salesforce had hired some bankers because it had received a takeover bid. Besides SAP, Microsoft and Oracle have also been among rumored candidates.
But in an interview, McDermott went a step further, talking down Salesforce’s service.
AI Weekly
The must-read newsletter for AI and Big Data industry written by Khari Johnson, Kyle Wiggers, and Seth Colaner.
Included with VentureBeat Insider and VentureBeat VIP memberships.
McDermott, according to Reuters, “told reporters that Salesforce’s core customer relationship management (CRM) products have become commoditized and are now widely available from SAP and other software providers.”
In other words, McDermott believes Salesforce offers nothing special and that the company’s $46.9 billion and the reported takeover price of $60 billion or more is nuts-o. On the other hand, he’d love to see the company’s arch-nemesis, Oracle, buy Salesforce just to watch his rival get thrown into disarray trying to choke down such a massive acquisition.
VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Learn More