More enterprise acquisitions
Big tech companies are finally wizening up to Salesforce.com's philosophy of using remote computer servers to offer business software services to other companies. Case in point: IBM (IBM) is buying the cloud-based data analysis company DemandTec for $440 million. SAP (SAP) is paying $3.4 billion for the human resources software company SuccessFactors. And Oracle (ORCL) is acquiring the cloud-based product research and customer service company RightNow Technologies for $1.5 billion. Acquisitions like these will continue as businesses further realize the software shift to web-based products and services.