When Was Concur Acquired by Sap?

SAP Concur (formerly Concur Technologies) is an American SaaS company, providing travel and expense management services to businesses. It is headquartered in Bellevue, Washington. SAP SE agreed to acquire Concur Technologies in September 2014 for $8.3 billion. The deal was completed in December 2014.

When was Concur released?

Founded in 1993, Concur successfully transformed itself into a software-as-a-service company, building a powerhouse in the travel and entertainment expense management category. The company's online tools are now used by 23,000 customers worldwide, with 4,200 employees globally.

Is Concur part of SAP?

WALLDORF, Germany — Dec. 4, 2014 — SAP SE (NYSE: SAP) today announced that it has completed its acquisition of Concur Technologies, Inc. (NASDAQ: CNQR), the leader in the multi-billion dollar market for travel and expense (T&E) management solutions.