Concur Travel and Expense Management
Steve Singh, CEO and Chairman of the Board of Concur, announced in his blog on September 18 that the company has entered into an agreement to be purchased by the enterprise application software company SAP.
The deal is expected to close late 2014 or early 2015. Concur will operate as part of the SAP organization, initially reporting to the office of the CEO as SAP once the deal is completed.
Details were not revealed.
You can see the post here.