SAP’s announcement that it will pay $8.3 billion to buy business-travel and expense software vendor Concur might have generated less initial buzz than the companies hoped, given it was almost simultaneous with the revelation that Larry Ellison has relinquished his CEO seat to become CTO and executive chairman of Oracle.

But SAP CEO Bill McDermott is confident the addition of Concur will prove more than worthwhile, both in terms of market attention and new revenue. He spoke with IDG News Service briefly about the deal late Thursday, describing how Concur will fit in with SAP’s previous acquisitions of the Ariba B2B commerce network and Fieldglass workforce management software. The following is an edited transcript of the conversation.

To read this article in full or to leave a comment, please click here

…