Thread regarding SAP layoffs

SuccessFactors

This is an extract from the SuccessFactors annual report for 2011. The company was acquired by SAP in Dec 2011

We have a history of losses and we may not achieve or sustain profitability in the future.

We have incurred losses in each fiscal period since our inception in 2001. We experienced a net loss on a generally accepted accounting principles in the United States of America ("GAAP") basis of $12.5 million for fiscal 2010 and $36.0 million for fiscal 2011. At December 31, 2011 we had an accumulated deficit of $267.3 million. The losses and accumulated deficit were due to the substantial investments we made to grow our business and acquire customers.

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Post ID: @OP+1kUSTwdZ

4 replies (most recent on top)

Why are we looking at a report from more than 10 years ago????

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Post ID: @tde+1kUSTwdZ

"Truth" hurt??

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Post ID: @maj+1kUSTwdZ

Revenue 2011 (subscription + services) 328 M$
Net loss 2011: 36 M$
Accumulated deficit 267 M$

SAP announced that it has offered $40 a share, about $3.4 billion, for SuccessFactors, a bid the San Mateo company’s board has accepted. The deal, which was worth 52 percent more than SuccessFactors’ closing stock price on Friday, is expected to close in the first quarter of 2012,

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Post ID: @udk+1kUSTwdZ

Some of the Successfactors acquisitions (prior to being purchased by SAP) creating a patchwork of various modules, technologies, user interfaces, databases, data models, programming languages... interfaced using txt files...

Jobs2web, Inc.
On December 9, 2011, the Company acquired all issued and outstanding shares of Jobs2web, Inc. (“Jobs2web”), a provider of hosted recruitment marketing platforms, for $111.9 million in cash at closing.

Plateau Systems, Ltd.
On June 29, 2011, the Company acquired all issued and outstanding shares of Plateau Systems, Ltd. ("Plateau"), a leading learning management system ("LMS") and Content-as-a-Service ("CaaS") provider, for $130.1 million in cash at closing and 3,407,130 shares of the Company's common stock with estimated fair value of $96.8 million.

Jambok, Inc.
On March 17, 2011, the Company acquired Jambok, Inc., ("Jambok"), a provider of social learning software, for $2.8 million in cash, and 63,728 shares of common stock with an estimated fair value of approximately $2.0 million

Inform
On July 1, 2010, the Company acquired Inform Business Impact ("Inform"), a provider of business analytics and workforce planning software, for $25.6 million in cash and 906,892 shares of common stock valued at approximately $12.9 million

YouCalc
On July 13, 2010, the Company acquired Epista Software A/S ("YouCalc"), a provider of real-time analytics and reporting software for $3.2 million in cash

CubeTree
On July 20, 2010, the Company acquired CubeTree, Inc., ("CubeTree") a provider of social media and collaboration software, for 903,733 shares of common stock valued at approximately $18.9 million

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Post ID: @ied+1kUSTwdZ

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