Monday, May 14, 2007
Germany's SAP Acquires Wicom, MaXware
SAP (nyse: SAP - news - people ) said it bought Trondheim, Norway-based MaXware, which makes identify software and Espoo, Finland-based Wicom Communications, which makes Internet communication software.
The purchase prices were not disclosed.
Walldorf-based SAP said MaXware's software will be integrated into its own NetWeaver software platform to increase its security while Wicom's software will be used to upgrade its customer service offerings.
SAP also said it would start working with U.S. technology company SunGard on jointly developing software for the banking industry.
From: http://www.forbes.com/feeds/ap/2007/05/14/ap3716810.html?partner=alerts
The purchase prices were not disclosed.
Walldorf-based SAP said MaXware's software will be integrated into its own NetWeaver software platform to increase its security while Wicom's software will be used to upgrade its customer service offerings.
SAP also said it would start working with U.S. technology company SunGard on jointly developing software for the banking industry.
From: http://www.forbes.com/feeds/ap/2007/05/14/ap3716810.html?partner=alerts
Labels: SAP Acquisitions
