SAP invests in another NetWeaver partner
SAP AG has made an undisclosed investment in a Visiprise Inc., a company that develops integration software for manufacturing companies that use SAP's NetWeaver platform.
The investment is designed to strengthen the partnerships around NetWeaver, SAP's applications and integration platform that includes portal, data warehouse and other components. SAP didn't disclose the size of the transaction, calling it a "minority investment."
Visiprise, based in Atlanta, makes software for manufacturing companies in the aerospace, defense and medical industries, among others. It has around 200 customers, including Boeing Commercial Aircraft Group, Northrop-Grumman Corp. and BAE Systems.
The investment money came from SAP's $125 million NetWeaver Fund established in May. SAP has said each investment would typically be no more than $5 million. Visiprise is the third investment for the fund.
SAP made its first investment in August, in Questra Corp., which makes software for intelligent device management. Last month it invested in ArisGlobal Holdings LLC, which makes software for the pharmaceutical industry.
IDG News Service
Symantec Backup Exec 12 and Backup Exec System Recovery 8 deliver industry leading Windows data protection and system recovery. Download this whitepaper to find out the top reasons to upgrade and how to get continuous data protection and complete system recovery.
Data and system loss — from a hard drive failure, malicious attack, natural disaster, or simple human error — can happen anytime. Don’t leave your business vulnerable. Make sure you have a secure recovery strategy in place. Symantec's latest backup and system recovery technology can efficiently restore critical applications, individual emails and documents and even restore your entire system in minutes in the event of a loss.
Businesses face a growing challenge to ensure that the IT environment is properly protected. Backup Exec 12 integrates with other applications in the Symantec family of products, to complement your current data protection strategy, keep your data securely backed up and make it recoverable when you need it most.
