According to media reports, Concur is being courted by acquirers like SAP:
"Concur Technologies Inc. (CNQR), a developer of software that helps businesses manage travel expenses, has explored a sale and approached companies including SAP SE to gauge their interest."
We have written about Concur and their T&E solutions over the years. Reference these articles:
- Concur and Procurement: Looking to the Future and Innovation Today
- Reporting on Fusion 2014 and Concur’s Impressive T&E Solution
- Busy Summer for Concur – Lands 15-year GSA Contract and Expands Small Business T&E Solution
So, does it make sense for SAP to buy Concur? What is the strategic fit between the two companies? Hint: we are skeptical, and we can see better homes for Concur (ahem, exits for Concur’s management) than joining SAP.
Read all about it in our in-depth analysis to come.