SAP-SuccessFactors deal delayed as US regulators conduct investigation

The Committee on Foreign Investment in the U.S. is probing the US$3.4 billion deal

SAP's US$3.4 billion purchase of cloud software vendor SuccessFactors has been delayed indefinitely while a U.S. regulatory body investigates the deal, an SAP spokesman confirmed Wednesday.

On Wednesday, SAP announced for the third time it was extending its offer for SuccessFactors, which was first made in December, while awaiting approval from the Committee on Foreign Investment in the U.S. (CFIUS).

The CFIUS first conducts an initial review of mergers that can take up to 30 calendar days. After that period, the committee can conduct a formal investigation lasting up to 45 calendar days. That investigation has begun and the CFIUS has until March 5 to complete it, SAP spokesman James Dever said Wednesday.

"We're working with CFIUS and hopeful we can conclude this process quickly," Dever said. "We look forward to closing the transaction in the first quarter."

Dever said he knew of nothing going awry with the merger, and pointed to SAP's acquisition of Business Objects several years ago, which saw a similar delay while awaiting regulatory approval.

A U.S. Treasury spokesperson said via email that the department does not comment on specific CFIUS cases, as information filed with the committee cannot be disclosed to the public.

The CFIUS conducted investigations on 35 of the 93 transactions it reviewed in 2010, according to the committee's annual report to Congress for that year, which was released in December. But the president made no actions to "block or prohibit" any of the mergers, according to the report.

SAP is buying SuccessFactors for its array of widely used human resources software, as well as expertise in the cloud computing market.

Chris Kanaracus covers enterprise software and general technology breaking news for The IDG News Service. Chris's e-mail address is

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Chris Kanaracus

IDG News Service
Show Comments

Brand Post

Bitdefender 2018

With determination and drive, you achieve outstanding performance! Get Bitdefender Total Security 2018 Now!

Most Popular Reviews

Latest Articles


PCW Evaluation Team

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?