On March 26, 2014, SAP AG (NYSE: SAP) announced plans to acquire Fieldglass, the leading technology provider for procuring and managing contingent labor and services. The addition of Fieldglass’ cloud-based Vendor Management System (VMS) solution meets the growing demand among employers to manage flexible workforces that can be quickly engaged and on-boarded to support rapidly changing business and customer needs. The acquisition was closed on May 2, 2014.
SAP SE and Concur Technologies, Inc. ('Concur') announced on September 18, 2014 that SAP SE's subsidiary, SAP America, Inc., has entered into an agreement to acquire Concur. On December 4, 2014, the acquisition has been successfully completed.