Sage rises as SAP executive signals new acquisitions

According to the co-chief executive of German software company SAP, Jim Hagemann, the firm could make more acquisitions, Sueddeutsche Zeitung is reporting.

According to the co-chief executive of German software company SAP, Jim Hagemann, the firm could make more acquisitions, Sueddeutsche Zeitung is reporting.

More specifically, he added that the company wants to fuel its long term growth two-thirds by means of internal expansion and one-third through acquisitions. That as acquisitions help the company to enter new business fields and secure the company's future.

As of 15:00 Sage is rising by 0.9% to 304.1p in London trading.

AB

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