SAP has announced its intention to acquire Concur "by late 2014, or early in 2015" for approximately $8.3 billion.
View the news release on:
Concur's Blog
New York Times
In an open letter to Concur's TMC partners, Concur's CEO, Steve Singh reiterated Concur's commitment to its customers, saying, "Going forward, you should expect no changes to our existing partnership, service or support."