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SAP to Acquire TechniData AG
Acquisition of Long-Standing SAP Partner Will Help Accelerate SAP's Sustainability Transformation
WALLDORF, Germany, April 21 -- Continuing its focus on providing market-leading sustainability solutions to customers worldwide, SAP AG (NYSE:SAP) today announced its intent to acquire TechniData AG, the world's leading provider of product safety and environmental, health and safety (EHS) solutions. Through this acquisition, SAP intends to expand its product portfolio as well as its market and thought leadership in sustainability.
To view the multimedia assets associated with this release, please click: http://multivu.prnewswire.com/mnr/sap/43646/
(Logo: http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a )
Based in Markdorf, Germany, TechniData has been a strategic SAP partner for more than 15 years, and has helped shape SAP's sustainability offerings in the EHS arena. Employing nearly 500 people, TechniData provides systems integration, managed EHS services, regulatory content and software to help companies comply with regulatory challenges in these areas. With SAP announcing its strategic commitment to sustainability in spring of 2009, this acquisition is the next logical step between two companies that are both driven by the belief that sustainability is core to all business processes in the future.
"SAP and TechniData have enjoyed a very productive, long-term relationship, and we are truly excited about joining the SAP family," said Juergen Schwab, chief executive officer, TechniData AG. "We believe that the scale of SAP's development and field resources combined with our expertise in the EHS and product safety domains can help us bring the value of sustainability to more customers worldwide."
This acquisition is in line with SAP's strategy to complement existing applications and solutions with smart purchases that offer innovative technologies and functional capabilities. The strategy is guided by careful market assessments and focuses on adding value to customers' investments in SAP, expanding the company's abilities to support customers and partners in their sustainability approach. Through the acquisition of TechniData, SAP gains both a more comprehensive service offering and the talents of accomplished employees with deep knowledge of customer processes as well as SAP products and integration technologies.
The SAP® EHS Management application helps companies address regulatory compliance in the areas of product, plant and people safety. It helps to reduce both EHS risks and compliance cost at the same time, a result unobtainable in traditional labor-intensive and error-prone non-IT-supported compliance processes. The solution is designed to natively integrate into SAP® Business Suite software.
"Sustainability is about holistically managing economic, environmental and social risks and opportunities. IT can help organizations execute their sustainability strategies in a way that drives short- and long-term profitability," said Peter Graf, chief sustainability officer and executive vice president of Sustainability Solutions, SAP. "SAP and TechniData share this comprehensive view of sustainability. As a result, our customers enjoy more homogeneity of their IT infrastructure, lower cost of integration, and cutting edge sustainability processes combined with comprehensive analytics and reporting capabilities."
SAP anticipates that the acquisition will be completed in the beginning of the third quarter of 2010 and will provide additional details about future plans after the closing of the transaction. Terms and purchase price are not publicly disclosed.
About TechniData
TechniData is a leading provider of end-to-end solutions for Environment, Health and Safety (EHS). This includes solutions for Product Safety and Stewardship, Health and Safety as well as Environmental Performance. The company, which was founded in 1985 and is headquartered in Markdorf at Lake Constance (Germany), helps around 1,600 customers worldwide to shape their business processes in a way that is sustainable, efficient and legally compliant. The TechniData portfolio includes process consulting, software, implementation, EHS expert services and knowledge-based content products providing information on laws, phrases, rules and report templates. TechniData and SAP AG have established a strategic development partnership for the SAP EHS Management software solution. In fiscal year 2008, TechniData recorded sales of EUR 64.9 million with a workforce of around 500 in Germany and abroad. The TechniData Group is represented through subsidiaries and branches in Europe, America and Asia. Further information is available at http://www.technidata.com/.
About SAP
SAP is the world's leading provider of business software(*), offering applications and services that enable companies of all sizes and in more than 25 industries to become best-run businesses. With more than 95,000 customers in over 120 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE, under the symbol "SAP." For more information, visit http://www.sap.com.
(*) SAP defines business software as comprising enterprise resource planning, business intelligence, and related applications.
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
Copyright © 2010 SAP AG. All rights reserved.
SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serve informational purposes only. National product specifications may vary.
Note to editors:
To preview and download broadcast-standard stock footage and press photos digitally, please visit http://www.sap.com/photos. On this platform, you can find high resolution material for your media channels. To view video stories on diverse topics, visit http://www.sap-tv.com. From this site, you can embed videos into your own Web pages, share video via e-mail links and subscribe to RSS feeds from SAP TV.
Follow SAP on Twitter at @sapnews.
For customers interested in learning more about SAP products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1SAP (1-800-872-1727)
For more information, financial community only:
Stefan Gruber, SAP, +49 (6227) 7-44872, investor@sap.com, CET
Martin Cohen, SAP, +1 (212) 653-9619, investor@sap.com, EDT
For more information, analysts only:
Somill Hwang, SAP, + 1 (650) 687-3685, somill.hwang@sap.com, PDT
For more information, press only:
Gunter Gaugler, +49 (6227) 7-65416, guenter.gaugler@sap.com, CET
Shabana Khan, +1 (650) 461-1332, shabana.khan@sap.com, PDT
SAP Press Office, +49 (6227) 7-46315, CET; +1 (610) 661-3200, press@sap.com, EDT
Photo: http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.comVideo: http://multivu.prnewswire.com/mnr/sap/43646
Source: SAP AG
CONTACT: Financial Community, Stefan Gruber, +49-6227-7-44872,
investor@sap.com, or Martin Cohen, +1-212-653-9619, investor@sap.com; or
Analysts, Somill Hwang, +1-650-687-3685, somill.hwang@sap.com; or Press,
Gunter Gaugler, +49-6227-7-65416, guenter.gaugler@sap.com, or Shabana Khan,
+1-650-461-1332, shabana.khan@sap.com, or SAP Press Office, +49-6227-7-46315,
or +1-610-661-3200, press@sap.com, all of SAP
Web Site: http://www.sap.com/
SAP to Acquire TechniData AG
Acquisition of Long-Standing SAP Partner Will Help Accelerate SAP's Sustainability Transformation
WALLDORF, Germany, April 21 -- Continuing its focus on providing market-leading sustainability solutions to customers worldwide, SAP AG (NYSE:SAP) today announced its intent to acquire TechniData AG, the world's leading provider of product safety and environmental, health and safety (EHS) solutions. Through this acquisition, SAP intends to expand its product portfolio as well as its market and thought leadership in sustainability.
To view the multimedia assets associated with this release, please click: http://multivu.prnewswire.com/mnr/sap/43646/
(Logo: http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a )
Based in Markdorf, Germany, TechniData has been a strategic SAP partner for more than 15 years, and has helped shape SAP's sustainability offerings in the EHS arena. Employing nearly 500 people, TechniData provides systems integration, managed EHS services, regulatory content and software to help companies comply with regulatory challenges in these areas. With SAP announcing its strategic commitment to sustainability in spring of 2009, this acquisition is the next logical step between two companies that are both driven by the belief that sustainability is core to all business processes in the future.
"SAP and TechniData have enjoyed a very productive, long-term relationship, and we are truly excited about joining the SAP family," said Juergen Schwab, chief executive officer, TechniData AG. "We believe that the scale of SAP's development and field resources combined with our expertise in the EHS and product safety domains can help us bring the value of sustainability to more customers worldwide."
This acquisition is in line with SAP's strategy to complement existing applications and solutions with smart purchases that offer innovative technologies and functional capabilities. The strategy is guided by careful market assessments and focuses on adding value to customers' investments in SAP, expanding the company's abilities to support customers and partners in their sustainability approach. Through the acquisition of TechniData, SAP gains both a more comprehensive service offering and the talents of accomplished employees with deep knowledge of customer processes as well as SAP products and integration technologies.
The SAP® EHS Management application helps companies address regulatory compliance in the areas of product, plant and people safety. It helps to reduce both EHS risks and compliance cost at the same time, a result unobtainable in traditional labor-intensive and error-prone non-IT-supported compliance processes. The solution is designed to natively integrate into SAP® Business Suite software.
"Sustainability is about holistically managing economic, environmental and social risks and opportunities. IT can help organizations execute their sustainability strategies in a way that drives short- and long-term profitability," said Peter Graf, chief sustainability officer and executive vice president of Sustainability Solutions, SAP. "SAP and TechniData share this comprehensive view of sustainability. As a result, our customers enjoy more homogeneity of their IT infrastructure, lower cost of integration, and cutting edge sustainability processes combined with comprehensive analytics and reporting capabilities."
SAP anticipates that the acquisition will be completed in the beginning of the third quarter of 2010 and will provide additional details about future plans after the closing of the transaction. Terms and purchase price are not publicly disclosed.
About TechniData
TechniData is a leading provider of end-to-end solutions for Environment, Health and Safety (EHS). This includes solutions for Product Safety and Stewardship, Health and Safety as well as Environmental Performance. The company, which was founded in 1985 and is headquartered in Markdorf at Lake Constance (Germany), helps around 1,600 customers worldwide to shape their business processes in a way that is sustainable, efficient and legally compliant. The TechniData portfolio includes process consulting, software, implementation, EHS expert services and knowledge-based content products providing information on laws, phrases, rules and report templates. TechniData and SAP AG have established a strategic development partnership for the SAP EHS Management software solution. In fiscal year 2008, TechniData recorded sales of EUR 64.9 million with a workforce of around 500 in Germany and abroad. The TechniData Group is represented through subsidiaries and branches in Europe, America and Asia. Further information is available at http://www.technidata.com/.
About SAP
SAP is the world's leading provider of business software(*), offering applications and services that enable companies of all sizes and in more than 25 industries to become best-run businesses. With more than 95,000 customers in over 120 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE, under the symbol "SAP." For more information, visit http://www.sap.com.
(*) SAP defines business software as comprising enterprise resource planning, business intelligence, and related applications.
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
Copyright © 2010 SAP AG. All rights reserved.
SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serve informational purposes only. National product specifications may vary.
Note to editors:
To preview and download broadcast-standard stock footage and press photos digitally, please visit http://www.sap.com/photos. On this platform, you can find high resolution material for your media channels. To view video stories on diverse topics, visit http://www.sap-tv.com. From this site, you can embed videos into your own Web pages, share video via e-mail links and subscribe to RSS feeds from SAP TV.
Follow SAP on Twitter at @sapnews.
For customers interested in learning more about SAP products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1SAP (1-800-872-1727)
For more information, financial community only:
Stefan Gruber, SAP, +49 (6227) 7-44872, investor@sap.com, CET
Martin Cohen, SAP, +1 (212) 653-9619, investor@sap.com, EDT
For more information, analysts only:
Somill Hwang, SAP, + 1 (650) 687-3685, somill.hwang@sap.com, PDT
For more information, press only:
Gunter Gaugler, +49 (6227) 7-65416, guenter.gaugler@sap.com, CET
Shabana Khan, +1 (650) 461-1332, shabana.khan@sap.com, PDT
SAP Press Office, +49 (6227) 7-46315, CET; +1 (610) 661-3200, press@sap.com, EDT
Photo: http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.comVideo: http://multivu.prnewswire.com/mnr/sap/43646
Source: SAP AG
CONTACT: Financial Community, Stefan Gruber, +49-6227-7-44872,
investor@sap.com, or Martin Cohen, +1-212-653-9619, investor@sap.com; or
Analysts, Somill Hwang, +1-650-687-3685, somill.hwang@sap.com; or Press,
Gunter Gaugler, +49-6227-7-65416, guenter.gaugler@sap.com, or Shabana Khan,
+1-650-461-1332, shabana.khan@sap.com, or SAP Press Office, +49-6227-7-46315,
or +1-610-661-3200, press@sap.com, all of SAP
Web Site: http://www.sap.com/