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by CIO Staff

SAP Invests in Another NetWeaver Partner

News
Nov 08, 20062 mins
IT Leadership

SAP has made an undisclosed investment in a Visiprise, 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 about 200 customers, including Boeing Commercial Aircraft Group, Northrop-Grumman 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, which makes software for intelligent device management. Last month it invested in ArisGlobal Holdings, which makes software for the pharmaceutical industry.

-Jeremy Kirk, IDG News Service (London Bureau)

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  • SAP Competitor Throws in the Towel

  • SAP Cofounder Backs New Open-Source Forum

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