Exclusive: Sage rumoured to be in acquisition talks with IBM and SAP

By Derek du Preez
16 Jun 2011 View Comments
Sage logo IBM SAP acquisition buy structure

UK-based business and software services company Sage is rumoured to be in discussions with both IBM and SAP regarding a potential acquisition.

A Sage insider told Computing that the company is in "talks" with both vendors, and that being part of a larger organisation would "benefit the business".

Further reading

"We are in a period of reflection at Sage," he said. "The company is looking to double our customer base in five years, which is quite a challenging path."

"The structure of the organisation holds us back, and we would certainly benefit from more collateral and capital expenditure".

The source believes that being acquired by SAP or IBM would help to streamline internal processes and potentially fund a restructure.

"I don't think there is anything wrong with the Sage brand in the market. We might just come under SAP's or IBM's remit and operate on their accountancy books, but continue business as normal," he added.

Sage was unwilling to comment on the rumour, as was the managing director of Sage's UK partner, Datel.

Reader comments
blog comments powered by Disqus
Newsletters
Windows 10 - will you upgrade?

Microsoft has made an early version of Windows 10 - its next operating system - available for download. The OS promises better integration and harmonisation across platforms, including mobile and desktop. Will your business be upgrading?

21 %
50 %
12 %
17 %