BERLIN: SAP AG, the world's largest maker of business management software, agreed to buy Business Objects SA for more than 4.8 billion euros (US$6.8bil), the biggest purchase in the German firm's 35-year history.
SAP would offer 42 euros cash for each Business Objects share, 20% more than the Oct 5 closing price in Paris, SAP said in a statement. Business Objects is the world's largest maker of software that tracks corporate databases and counts Walt Disney Co and Unilever NV among its 44,000 customers.