SAP Concur
{{Short description|American expense management software company}}
{{Infobox company
| name = SAP Concur{{Cite web|url=https://www.concur.com/newsroom/article/concur-is-now-sap-concur|title=Concur Is Now SAP Concur|website=SAP Concur}}
| logo = Concur logo.png
| former_name = Concur Technologies{{Cite web|url=https://www.businesstravelnews.com/Technology/Concur-Will-Rebrand-as-SAP-Concur |title=Concur Will Rebrand as SAP Concur |date=3 May 2017 }}
| type = Subsidiary{{cite web|url=http://www.geekwire.com/2014/done-deal-sap-completes-acquisition-concur/ |title=Done deal: SAP completes $8.3B acquisition of Concur |last=Soper |first=Taylor |date=4 December 2014 |website=GeekWire |access-date=1 February 2017}}
| industry = Software (Travel & Expense Management)
| founders = {{ubl|Rajeev Singh|Steve Singh|Mike Hilton}}
| founded = {{Start date and age|1993}}
| location = Bellevue, Washington, United States
| key_people = Jim Lucier, President{{cite web|url=https://www.concur.com/en-us/executive-team |title=SAP Concur Leadership |publisher=SAP Concur |access-date=5 May 2020}}
| num_employees = 4,600+
| parent = SAP SE
| homepage = {{Official URL}}
}}
SAP Concur (formerly Concur Technologies) is an American software as a service company providing travel and expense management services to businesses.{{cite web|url=http://www.geekwire.com/2014/breaking-sap-buying-concur-technologies-8-3-billion/ |title=SAP buying Concur for $8.3 billion |last=Cook |first=John |date=18 September 2014 |website=GeekWire |access-date=1 February 2017}} Its headquarters are in Bellevue, Washington. SAP SE agreed to acquire Concur Technologies in September 2014 for $8.3 billion. The deal was completed in December 2014.
History
SAP Concur was co-founded by Mike Hilton and brothers Rajeev and Steve Singh.{{cite web |url=https://www.bizjournals.com/seattle/blog/techflash/2015/01/concur-co-founders-rajeev-singh-mike-hilton-to.html |title=Concur co-founders Rajeev Singh, Mike Hilton to step down Jan. 30 after $8.3B SAP acquisition |date=5 January 2022 |first1=Rachel |last1=Lerman |first2=Jacob |last2=Demmitt |publisher=American City Business Journals}} It was headed by Mike Eberhard from November 2016 until April 2019, when he stepped down and was replaced by Jim Lucier as company president.{{Cite press release |last=Concur |title=Concur Appoints Mike Eberhard as Company President |url=https://www.prnewswire.com/in/news-releases/concur-appoints-mike-eberhard-as-company-president-599464981.html |access-date=2023-06-16 |website=www.prnewswire.com |language=en}}{{Cite web |title=Concur president Elena Donio leaving company after 18 years; Mike Eberhard assumes role |date=November 2016 |url=https://www.geekwire.com/2016/concur-president-elena-donio-leaving-company-18-years-mike-eberhard-assumes-role/ |url-status=}}{{Cite web |last=Campbell |first=Jay |date=2019-04-29 |title=Amid Reorganization, SAP Concur Will Say Goodbye To Eberhard, MacDonald |url=https://www.thecompanydime.com/sap-concur-eberhard-macdonald/ |access-date=2023-06-16 |website=The Company Dime |language=en-US}}
The company's headquarters are in Bellevue, Washington, with additional offices in Eden Prairie and St. Louis Park, Minnesota, Allen, Texas, and Vienna, Virginia, in the USA, as well as in Asia, Australia, and Europe.{{Cite web|url=https://www.concur.com/en-us/contact/offices|title=Concur Global Office Locations |website= SAP Concur}}
In 2014, SAP entered into an agreement to acquire Concur Technologies for US$8.3 billion.{{Cite news|url=https://www.wsj.com/articles/sap-to-acquire-concur-technologies-1411076535|title=SAP to Acquire Concur Technologies|first1=Neetha|last1=Mahadevan|first2=Stephan|last2=Doerner|newspaper=Wall Street Journal |date=September 19, 2014|via=www.wsj.com}}{{Cite web|url=https://dealbook.nytimes.com/2014/09/18/sap-buys-concur-technologies-for-8-3-billion/|title=SAP Buys Concur Technologies for $8.3 Billion|first=David|last=Gelles|date=September 18, 2014|website=DealBook}} The acquisition was completed on December 4, 2014.{{Cite web |title=SAP acquires leading global provider of travel and expense management solutions Concur Technologies for $8.3 billion {{!}} Experience |url=https://www.jonesday.com/en/practices/experience/2014/12/sap-acquires-leading-global-provider-of-travel-and-expense-management-solutions-concur-technologies-for-83-billion |access-date=2023-06-16 |website=www.jonesday.com |language=en}}{{Cite web |title=SAP acquisition of Concur expected to close on Dec. 4 |date=7 November 2014 |url=https://www.geekwire.com/2014/sap-acquisition-concur-expected-close-dec-4/}}
During an August 2018 briefing, the Department of Defense announced that it was partnering with SAP Concur to update the Defense Travel System used for its active duty, reserve, and civilian personnel.{{Cite news|url=https://www.afcea.org/content/dod-selects-sap-concur-develop-business-travel-system-prototype|title=DOD Selects SAP Concur to Develop Business Travel System Prototype|date=August 16, 2018|newspaper=Afcea International}}
See also
External links
- {{Official website}}
References
{{Reflist}}
{{SAP SE}}
Category:2014 mergers and acquisitions
Category:American subsidiaries of foreign companies
Category:Companies based in Bellevue, Washington
Category:Companies formerly listed on the Nasdaq
Category:Software companies based in Washington (state)
Category:Software companies established in 1993