SAP SE (ADR) (NYSE:SAP) Completes Acquisition of Callidus Software Inc.

(Source: FinancialsTrend) This will position SAP as a leading competitor in the CRM market, which is valued at$46 billion. SAP says it intends to consolidate CallidusCloud product assets into its SAP® Hybris® cloud portfolio that is part of SAP’s Cloud Business Group. In the deal, each share of Callidus Software Inc. common stock will be entitled to …