The per share purchase price represents a 20% premium over the May 21 closing price and a 19% premium over the one month volume weighted average price per share, says SAP. The Ariba board of directors has already unanimously approved the transaction. Ariba had 100.2 million shares on the market, as of March 31st, according to an AP report citing FactSet data.

SAP’s subsidiary, SAP America, Inc., is offering $45 per share for the platform, and plans to close the deal during the third quarter, pending Ariba shareholder approval of the sale.

A separate Quick Reference Card is available on the Purchasing website Learning Page for current suppliers with steps to create Favorites tiles.Business software giant SAP announced today that it will acquire Ariba’s cloud -based business commerce network for approximately $4.3 billion. Favorites tiles for each supplier will show in the Favorites panel on your landing page for easy future access to their catalogs. When accessing some Level 1 (L1) e-catalogs on the network, you may also need to accept cookies or agree to individual click-through agreements on your first visit.Ī good first step during your initial visit(s) to the Ariba Network is to identify the Level 1 (L1) suppliers whose catalogs you plan to frequently visit and set them as Favorites. It is normal to accept and click through the Ariba agreement. This action may need to be performed twice depending on the browser.ĭuring their first access to Ariba from the SRM Add-Item menu, Shoppers will be presented with a Click-through agreement to accept. Click on the pop-up blocker and allow all pop-up options for Ariba. During their first time access to Ariba, Shoppers may encounter a pop-up blocker message at the top right of their SRM screen.

Ariba purchase