BELLEVUE, Wash. and WALLDORF,
Germany, Nov. 19, 2014 /PRNewswire/ -- Concur, Inc.
(Nasdaq: CNQR) and SAP SE (NYSE: SAP) today announced that Concur's
shareholders approved SAP's acquisition of Concur at the meeting of
Concur's shareholders held today. SAP and Concur anticipate the
completion of the transaction on or about December 4, 2014, subject to the satisfaction or
waiver of closing conditions, including those related to regulatory
approval.
For more information, visit the SAP News Center. Follow SAP on
Twitter at @sapnews.
About Concur
Concur is the leading provider of spend management solutions and
services in the world, helping companies of all sizes transform the
way they manage spend so they can focus on what matters most.
Through Concur's open platform, the entire travel and expense
ecosystem of customers, suppliers, and developers can access and
extend Concur's T&E cloud. Concur's systems adapt to individual
employee preferences and scale to meet the needs of companies from
small to large. For more information, visit www.concur.com.
About SAP
As market leader in enterprise
application software, SAP (NYSE: SAP) helps companies of all sizes
and industries run better. From back office to boardroom, warehouse
to storefront, desktop to mobile device – SAP empowers people and
organizations to work together more efficiently and use business
insight more effectively to stay ahead of the competition. SAP
applications and services enable more than 263,000 customers to
operate profitably, adapt continuously, and grow sustainably. For
more information, visit www.sap.com.
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U.S. Private Securities Litigation Reform Act of 1995. Words such
as "anticipate," "believe," "estimate," "expect," "forecast,"
"intend," "may," "plan," "project," "predict," "should" and "will"
and similar expressions as they relate to SAP are intended to
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materially from expectations. The factors that could affect SAP's
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with the U.S. Securities and Exchange Commission ("SEC"), including
SAP's most recent Annual Report on Form 20-F filed with the SEC.
Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of their dates.
© 2014 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as
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For customers interested in learning more about SAP
products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1SAP (1-800-872-1727)
For more information, press only:
Nicola Leske, +49 (0) 6227 7-50852,
nicola.leske@sap.com, CET
Daniel Reinhardt, +49 (6227)
7-40201, daniel.reinhardt@sap.com, CET
Andy Kendzie, +1 (202) 312-3919,
andy.kendzie@sap.com, EST
Karen Master, +1 (412) 297-8177,
karen.master@sap.com , EST
SAP News Center press room; press@sap.com
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