Crossgate Acquisition Media Coverage

Crossgate Acquisition
Media Coverage

Headlines & Links (U.S. UK)

SAP Acquires Crossgate Enterprise Data Exchange Service
John Pallatto, Eweek.com
September 21, 2011
http://www.eweek.com/c/a/Cloud-Computing/SAP-Acquires-Crossgate-Enterprise-Data-
Exchange-Service-674966/

SAP acquires Crossgate, eyes B2B e-commerce networks
Larry Dignan, ZDNET
September 20, 2011
http://www.zdnet.com/blog/btl/sap-acquires-crossgate-eyes-b2b-e-commerce-networks/58428

SAP Acquires Crossgate, Ends Court Battle with Oracle?
Maria Deutscher, Siliconangle.com
September 20, 2011
http://siliconangle.com/blog/2011/09/20/sap-acquires-crossgate-ends-court-battle-with-oracle/

SAP acquires EDI specialist Crossgate
Business-to-Business Networking Provider will strengthen ERP giant's reach
Mike Simons, Computerworld UK (Also appeared in Computerworld New Zealand)
September 20, 2011
http://www.computerworlduk.com/news/applications/3304688/sap-acquires-edi-specialist-
crossgate/

SAP gobbles Facebook-for-biz firm -Enterprise software giant gets social
Anna Leach, The Register
September 20, 2011
http://www.theregister.co.uk/2011/09/20/software_giant_sap_acquires_crossgate/

SAP Acquires Crossgate for Business Social Networking
Vangie Beal, enterpriseappstoday
September 20, 2011
http://www.enterpriseappstoday.com/social-media/sap-crossgate-business-networking.html

SAP Acquires Crossgate - Tightening the Ecosystem
Peter Bernstein, TMC Net
September 20, 2011

http://sap-news.tmcnet.com/sap/articles/220426-sap-acquires-crossgate-tightening-
ecosystem.htm

SAP to Acquire Business-to-Business Networking Provider Crossgate
Sacrementao BEE
September 20, 2011
http://www.sacbee.com/2011/09/20/3923957/sap-to-acquire-business-to-business.html

SAP acquires B2B networking hub Crossgate
Rosalie Marshall, V3.co.uk
September 21, 2011
http://www.v3.co.uk/v3-uk/news/2110909/sap-acquires-b2b-networking-hub-crossgate

SAP/Crossgate Targets Ariba in Crosshairs: Will the Best-Run Businesses Run on the SAP
Network?
Jason Busch, Spendmatters.com
September 21, 2011
http://www.spendmatters.com/index.cfm/2011/9/21/SAPCrossgate-Targets-Ariba-in-Crosshairs-
Will-the-BestRun-Businesses-Run-on-the-SAP-Network

M&A Activity Around The Globe - SAP to Acquire B2B Networking Provider Crossgate
Newstocks.com
September 20, 2011
http://www.newsystocks.com/news/4107717/M-A-Activity-Around-The-Globe--Calpian--First-
Alliance-Payment-Processing--Sunlogics--Phoenix-Solar-Holdings--SAP--Crossgate

Notable Mergers and Acquisitions of the Day 09/20: (MRH)/(SIGI) (DDD) (SAP)
Streetinsider.com
September 20, 2011
http://www.streetinsider.com/ic_landing.html
SAP acquires EDI specialist Crossgate - Business-to-Business Networking Provider will
strengthen ERP giant's rach
Mike Simons, CIO UU
September 21, 2011
http://www.cio.co.uk/news/3304887/sap-acquires-edi-specialist-crossgate/

Headlines & Links (Germany)

SAP kauft mit Crossgate einen Anbieter von B2B-Netzen / SAP Buys Provider of B2B
Networks
zdnet.de
September 20, 2011
http://www.zdnet.de/news/41556548/sap-kauft-mit-crossgate-einen-anbieter-von-b2b-netzen.htm

SAP kauft mit Crossgate einen Anbieter von B2B-Netzen / SAP Buys Crossgate, a
Provider of B2B Networks
finanzen.net
20. September 2011
http://www.finanzen.net/nachricht/aktien/SAP-kauft-mit-Crossgate-einen-Anbieter-von-B2B-
Netzen-1381097

SAP kauft mit Crossgate einen Anbieter von B2B-Netzen / SAP buys Crossgate a Provider
of B2B-Networks
daf.fm
20. September 2011
http://www.daf.fm/news/sap-kauft-mit-crossgate-einen-anbieter-von-b2b-netzen-6837510.html

SAP kauft Hosting-Anbieter Crossgate / SAP buys Hosting Provider Crossgate
dowjones.de
20. September 2011
http://www.dowjones.de/site/2011/09/sap-kauft-hosting-anbieter-crossgate.html

SAP kauft Crossgate / SAP Buys Crossgate
inside.it
20. September 2011
http://www.inside-it.ch/articles/26404

finanzen.net
20. September 2011
http://www.finanzen.net/nachricht/aktien/SAP-kauft-Hosting-Anbieter-Crossgate- 1380528

deraktionär.de
20. September 2011
http://www.deraktionaer.de/newsticker/sap-kauft-hosting-anbieter-crossgate-17150919.htm

Märkische Allgemeine
20. September 2011
http://www.maerkischeallgemeine.de/cms/beitrag/12177595/5934832/UeBERBLICKUnternehm
en-Uhr-Fassung.html

Spiegel Online
21. September
http://boersen.manager- magazin.de/spo_mmo/kurse_einzelkurs_news.htm?
s=716460&n=SAP&b=9&l=276&u=0&p=0&k=0&id =33384877&u=0&p=0&k=0

SAP kauft Anbieter von B2B-Netzwerken / SAP Buys Crossgate, a Provider of B2B
Networks
heise.de
21. September 2011
http://www.heise.de/newsticker/meldung/SAP-kauft-Anbieter-von-B2B-
Netzwerken-1346955.html

SAP plant, den deutschen Hosting-Anbieter Crossgate zu kaufen / SAP Plans to Buy the
German Hosting Provider Crossgate
channelinsider.de
21. September 2011
http://www.channelinsider.de/2011/09/21/sap-kauft-crossgate/

derboersianer.com
21. September 2011
http://www.derboersianer.com/includes/print.html?tx_wcprintview_pi1%5Bmode
%5D=xmlnews&tx_wcprintview_pi1%5Buid%5D=270023

Full Text (U.S. UK)

SAP Acquires Crossgate Enterprise Data Exchange Service
John Pallatto, Eweek.com
September 21, 2011
http://www.eweek.com/c/a/Cloud-Computing/SAP-Acquires-Crossgate-Enterprise-Data-
Exchange-Service-674966/

SAP announced it intends to buy Crossgate, a company based in Munich, Germany that provides
electronic data exchange services to enterprises that need secure and reliable channels to
exchange documents and data with multiple trading partners.
SAP plans to buyout Crossgate a business-to-business Electronic Data Exchange service that
allows trading partners to securely transmit critical business information including production
order, specifications or invoices. Financial terms of the deal were not disclosed.

Crossgate, which was founded in 2001 and is based in Munich, Germany, allows enterprises to
set up dedicated secure data links with trading partners, clients and supplies regardless of their IT
capabilities. Crossgate’s service enables currently enables 40,000 business partners in many
different industries to security exchange documents and data, according to SAP.

Electronic data exchanges have been used for many years, even before the explosive growth of
the Internet in the 1990s, to provide a secure data exchange channel between trading partners.
Electronic data exchanges are often used by major manufacturers, such as auto makers, aircraft
builders and defense industries that need to exchanges massive amounts of data with an army of
suppliers.

While the Internet has help simplify the implementation of electronic data exchanges, these
systems are used in supply chain and trading applications that transmit a huge volume of data.
These are applications where casual links over e-mail or through Web applications are neither
secure or reliable enough to handle the traffic volume.

Through this acquisition, SAP will be able to integrate the Crossgate electronic data exchange
with SAP portfolio of Enterprise Resource Planning applications. The Crossgate offering
includes e-invoicing services that cover the entire process of inbound and outbound invoices,
including signatures and compliance monitoring that can be integrated with integrated with
customers' backend systems and finance processes, according to SAP.

"Companies live in an evolving global network of customers and partners, and technology from
Crossgate allows them to interact in new ways at the enterprise level the same way that social
networking has transformed the way people interact as individuals," Peter Maier, general
manager, head of Line of Business Solutions, SAP AG said in a statement.

"By acquiring Crossgate's highly differentiated solution, we help our customers extend their end-
to-end business processes running on SAP to their customers and partners. As a result, thousands
of SAP customers will join the network to exchange information easier, execute transactions
faster and collaborate better," the statement said.

SAP became a minority investor in Crossgate in 2008. Soon after that SAP signed a reseller
agreement to market the Crossgate B2B Content Engine as the SAP Information Interchange
Application by Crossgate. More recently, SAP agreed to resell SAP E-Invoicing for Compliance
application by Crossgate, which allows companies to send and receive digitally signed PDFs or
Electronic Data Interchange invoices.

In his statement about SAP’s acquisition of his company, Stefan Tittel, Crossgate CEO and
founder suggested that electronic data exchange will take on aspects of social networking
through business applications that let trading partners build relationships.

"With combined social network paradigms and service extensions of business applications, SAP
and Crossgate now have the potential to change the face of business networks and deliver a new
level of collaboration to SAP customers and their business network partners, Tittel said in his
statement. “Our executive management team is excited about the possibility of bringing the
Crossgate mission to the next level together with SAP. Our customers will experience business
networking that is simple, compelling and efficient," Tittel’s statement said.

SAP acquires Crossgate, eyes B2B e-commerce networks
Larry Dignan, ZDNET
September 20, 2011
http://www.zdnet.com/blog/btl/sap-acquires-crossgate-eyes-b2b-e-commerce-networks/58428

Summary: SAP was already an investor in Crossgate. Now it owns the B2B e-commerce
network provider.

SAP said Tuesday that it will acquire Crossgate, which provides hosted B2B integration services.
With the move, SAP is looking to provide a market to connect customers to business partners. In
a nutshell, Crossgate builds services that allow multiple trading partners to exchange data even if
partners have different technology platforms.

In a statement, SAP said that it is looking to automate processes and streamline enterprise e-
commerce.

Sound familiar? It should. SAP’s acquisition of Crossgate appears to be a direct threat to Ariba.
Jason Busch at the Spend Matters blog noted that SAP was becoming increasingly competitive
with Ariba. Busch argued that SAP and Oracle are likely to build in transactional connections
into their suites.

Crossgate, based in Munich, Germany, is already a SAP partner. SAP invested in Crossgate in
2008 and resells its content engine. Overall, Crossgate has about 40,000 business partners that
are linked together via e-invoicing services.
Terms of the Crossgate deal weren’t disclosed. The acquisition is expected to close Nov. 1.

SAP Acquires Crossgate, Ends Court Battle with Oracle?
Maria Deutscher, Siliconangle.com
September 20, 2011
http://siliconangle.com/blog/2011/09/20/sap-acquires-crossgate-ends-court-battle-with-oracle/

SAP had a few interesting developments today. First of all, it acquired Crossgate for an
undisclosed amount, a company that offers hosted business-to-business integration services.
This means Crossgate customers can integrate their networks with partners to ensure secure file
and data exchange. The firm is also based on Germany, just like SAP, and claims its platform
has been deployed by more than 40,000 clients.

Crossgate differentiates itself from more traditional means of integration and collobortion by
offering a more affordable solution, according to the company, that also packs some interesting
features such a the ability to send inbound and outbound invoices.
Here’s what SAP said in a release:

“The acquisition of Crossgate follows SAP’s strategy to complement existing applications and
solutions with smart purchases that offer innovative technologies and capabilities while
maintaining its successful organic growth track record.”
Bill McDermott, co-CEO of SAP, further emphasizes this point in an interview with
Bloomberg’s Andrea Catherwood. McDermott noted that his company is seeing its key markets
have been growing “in solid double digits,” and even triple digits in some places. He also
highlighted that his company is focusing on three so-called mega trends: the mobile worker, big
data, and cloud.

The last SAP update today comes from the courtroom. Oracle sued the German business
software maker in claims that one of its subsidiaries illegally accessed and downloaded
copyrighted material from its servers. It was initially decided that SAP would pay Oracle $1.3BN
in damages, but now that this figure shrunk to only $272 million, it seems that the former is
making some gains. Today Judge Phyllis Hamilton in Oakland, California asked Oracle to pull a
request to appeal on the court ruling that overturned the massive $1.3 billion awarded at first. It
seems that SAP won the latest round of this legal battle.

SAP acquires EDI specialist Crossgate
Business-to-Business Networking Provider will strengthen ERP giant's reach
Mike Simons, Computerworld UK (Also appeared in Computerworld New Zealand)
September 20, 2011
http://www.computerworlduk.com/news/applications/3304688/sap-acquires-edi-specialist-
crossgate/

SAP is buying business-to-business e-commerce services provider Crossgate for an undisclosed
amount.

Crossgate is a long term partner of SAP, and boasts 40,000 business partners, with customers
including BASF, Olivetti and mobile telco 3.

Its technology enables companies to fully network with trading partners via electronic data
exchange (EDI).

SAP says the acquisition will allow it to deliver rapid value to customers looking to collaborate,
share data and automate processes that link customers and.

Crossgate also boasts e-invoicing services which cover signatures, compliance monitoring,
integrated with customers’ backend systems and finance processes.

In 2008 SAP invested in Crossgate, which then entered a global reseller agreement that allowed
SAP to offer its customers Crossgate’s B2B Content Engine as an SAP solution extension.
SAP has also been reselling SAP E-Invoicing for Compliance application by Crossgate, which
allows companies to send and receive digitally signed, compliant PDFs or EDI invoices
electronically.

Peter Maier, general manager, head of Line of Business Solutions, SAP said, “By acquiring
Crossgate’s highly differentiated solution, we help our customers extend their end-to-end
business processes running on SAP to their customers and partners.”

The acquisition is subject to regulatory approval and is expected to complete by 1 November.

SAP gobbles Facebook-for-biz firm -Enterprise software giant gets social
Anna Leach, The Register
September 20, 2011
http://www.theregister.co.uk/2011/09/20/software_giant_sap_acquires_crossgate/

A Munich-based company that provides secure "social networking" for business has just been
snapped up by German enterprise software giant SAP.

Crossgate offers a social networking setup for its customers, along with secure communications
channels that allow users to transfer documents and data.

Users can join the network, set up Facebook-style business "profiles" and hook up with trading
partner "friends"; the company claims this eliminates the need for costly point-to-point
integration when handling sensitive information.

Crossgate touts its e-invoicing services as an "innovative and secure solution" covering the entire
process of inbound and outbound invoices, including signatures and compliance-monitoring,
which is integrated with its customers' back-end systems and finance processes.
Peter Maier, general manager and head of Line of Business Solutions, SAP, outlined the
advantages of the buy-out for SAP's customers:

Companies live in an evolving global network of customers and partners, and technology from
networking has transformed the way people interact as individuals.

Crossgate serves 3,000 customers in North America, Europe and the Middle East through offices
in the United States, Germany, UK, France and Italy. ®

SAP Acquires Crossgate for Business Social Networking
Vangie Beal, enterpriseappstoday
September 20, 2011
http://www.enterpriseappstoday.com/social-media/sap-crossgate-business-networking.html

Crossgate's technology lets companies integrate and network with trading partners, clients and
suppliers.

Looking to provide customers with options to connect with their business partners, SAP (NYSE:
SAP) has announced plans to acquire business-to-business (B2B) integration provider Crossgate.
Headquartered in Munich, Germany, Crossgate lets companies integrate and network with
trading partners, clients and suppliers, allowing electronic data exchange with any business
partner regardless of their technical capability.

Companies can connect with any trading partner by joining the network once and linking with
pre-built business partner profiles. The full-service solution eliminates the need for costly point-
to-point integration.

The acquisition of Crossgate follows SAP's strategy to complement existing applications and
solutions with acquisitions that offer innovative technologies and capabilities.
networking has transformed the way people interact as individuals," said Peter Maier, SAP's
general manager and head of Line of Business Solutions. "By acquiring Crossgate's highly
differentiated solution, we help our customers extend their end-to-end business processes
running on SAP to their customers and partners."

As a result of the acquisition, SAP said it will enable networking at the enterprise level,
providing an easy way for trading partners to collaborate, share data and automate processes that
link customers and suppliers for streamlined B2B e-commerce.

SAP and Crossgate have a partnership history as part of the SAP ecosystem. In October 2008
Crossgate received an investment from SAP, followed by a global reseller agreement that
allowed SAP to offer its customers Crossgate's B2B Content Engine as an SAP solution
extension under the product name SAP Information Interchange application by Crossgate. More
recently, SAP agreed to resell and market the SAP E-Invoicing for Compliance application by
Crossgate, which allows companies to send and receive digitally signed, compliant PDFs or EDI
invoices electronically.

"Crossgate is extremely excited that SAP, our long-term partner, has acquired our company and
solutions," said Stefan Tittel, CEO and founder, Crossgate. "With combined social network
paradigms and service extensions of business applications, SAP and Crossgate now have the
potential to change the face of business networks and deliver a new level of collaboration to SAP
customers and their business network partners."

SAP Acquires Crossgate - Tightening the Ecosystem
Peter Bernstein, TMC Net
September 20, 2011
http://sap-news.tmcnet.com/sap/articles/220426-sap-acquires-crossgate-tightening-
ecosystem.htm

The vision conjured up by most IT departments when the name SAP AG was mentioned used to
be that it was a great enterprise resource planning (ERP) applications software provider whose
products and services were time-consuming to implement, expensive to maintain, upgrade,
enhance and integrate with other applications, and difficult to use across supply and value chains.

However, SAP’s (News - Alert) September 20 announcement of its acquisition of business-to-
business (B2B) integration provider and long-time trading partner Crossgate demonstrates that
even large entities are capable of remaking themselves to accommodate changes in today’s
dynamic global economy. This includes strategic acquisitions, like this one, of a partner in which
SAP has been an investor since 2008, that tighten and enhance ecosystems

In the press release announcing the deal, it is, in fact, noteworthy that the acquisition is in line
with SAP’s focus on creating a “portfolio of solutions that create rapid value for customers
worldwide.” This does that and more. Crossgate solutions enable companies to integrate and
network with trading partners, clients and suppliers, allowing electronic data exchange with any
business partner regardless of their technical capability. Headquartered in Munich, Germany,

Crossgate helps more than 40,000 business partners across multiple industries to securely
exchange important documents and data by connecting companies with their trading partners for
faster, more efficient B2B e-commerce.

As highlighted in the release, “As a result of this acquisition, SAP will enable networking at the
enterprise level, providing an easy way for trading partners to collaborate, share data and
automate processes that link customers and suppliers for streamlined B2B e-commerce.

Crossgate’s value to SAP
So what does Crossgate do? For the uninitiated, Crossgate helps companies connect with any
trading partner by joining the network once and linking with prebuilt business partner profiles
eliminating the need for costly point-to-point integration. Its e-invoicing services offer an
innovative and secure solution covering the entire process of inbound and outbound invoices,
including signatures, compliance monitoring, integrated with customers' backend systems and
finance processes.

As stated, the SAP and Crossgate relationship is not new. They have a global reseller agreement
where SAP customers can use Crossgate's B2B Content Engine as an SAP solution extension
named SAP® Information Interchange application by Crossgate. And, recently, SAP agreed to
resell and market the SAP® E-Invoicing for Compliance application by Crossgate, which allows
companies to send and receive digitally signed, compliant PDFs or EDI invoices electronically.
Peter Maier, general manager, head of Line of Business Solutions, SAP AG stated:

“Companies live in an evolving global network of customers and partners, and technology from
networking has transformed the way people interact as individuals…By acquiring Crossgate's
highly differentiated solution, we help our customers extend their end-to-end business processes
running on SAP to their customers and partners. As a result, thousands of SAP customers will
join the network to exchange information easier, execute transactions faster and collaborate
better."

Stefan Tittel, CEO and founder, Crossgate, added, "With combined social network paradigms
and service extensions of business applications, SAP and Crossgate now have the potential to
change the face of business networks and deliver a new level of collaboration to SAP customers
and their business network partners.”

The acquisition is subject to the approval of the relevant antitrust authorities, and SAP says it
will provide more details on its plans for Crossgate when the deal closes, which should be by
November 1, 2011. Terms and purchase price of the transaction have not been disclosed

By adding electronic data exchange networking, focused on the transactional and secure
document transmittal levels, this move is an important part of SAP’s own transformation as it
positions itself as a one-stop ecosystem shop for all things that have to do with the planning and
execution of business operations. This is an important link in closing off opportunities for
competitive in-roads. It will provide customers important value-added in terms of being able to
leverage the tighter integration of ERP and CRM with transactional functions in order to increase
efficiency and effectiveness.

As value creation for competitive advantage moves from an era of single company proprietary
solutions as the catalyst for success to one dominated by the formation of defensible and vibrant
ecosystems, SAP’s decision to make a key part of its ecosystem a wholly-owned subsidiary is a
trend to watch. This was an important part of the puzzle.

SAP to Acquire Business-to-Business Networking Provider Crossgate
Sacrementao BEE
http://www.sacbee.com/2011/09/20/3923957/sap-to-acquire-business-to-business.html

Crossgate Acquisition by SAP to Instantly Connect SAP Customers and Their Business Partners
for Networking at Enterprise Level; Will Link Enterprises for Smoother Interoperability, Faster
Information Flows, More Productivity, Smarter Decisions.

SAP acquires B2B networking hub Crossgate
Rosalie Marshall, V3.co.uk
September 21, 2011
http://www.v3.co.uk/v3-uk/news/2110909/sap-acquires-b2b-networking-hub-crossgate

SAP has acquired German business-to-business e-commerce hub Crossgate to allow customers
to collaborate and share data more effectively with partners, suppliers and clients.
Crossgate is described as a business social network, but differs from the likes of Chatter, Jive and
Yammer as it focuses on data sharing between internal business users and their external partners.

"It's basically one of those B2B commerce hubs that were so popular in 2000," MWD Advisors
analyst Angela Ashenden told V3.

"Crossgate is different to the business social networks we are familiar with today as it works at
the operational level rather than the conversational level."

Ashenden suggested that the purchase is partly a competitive move, since IBM recently bought a
similar firm, Sterling Commerce, and Tibco acquired Foresight.

Most importantly, though, SAP has focused recently on fleshing out its supplier relationship
management applications with updates to Supplier Infonet and the firm's Sourcing application.
The new acquisition is likely to bring added value to this focus, Ashenden argued.
Included in the Crossgate portfolio are e-invoicing services that cover inbound and outbound
invoices, including signatures and compliance monitoring. The services can be integrated with
customers' back-end systems and finance processes.

networking has transformed the way people interact as individuals," said Peter Maier, general
manager and head of SAP's business solutions line.

"By acquiring Crossgate's highly differentiated solution, we help our customers extend their end-
to-end business processes running on SAP to their customers and partners."
The acquisition is subject to approval by the relevant anti-trust authorities, and SAP will provide
additional details about future plans after the deal is completed, which it anticipates will be by 1
November.
SAP and Crossgate have been partners since 2008 when Crossgate received an investment from
SAP.

The two firms then entered into a global reseller agreement that allowed SAP to offer Crossgate's
B2B Content Engine as an SAP solution extension under the product name SAP Information
Interchange application by Crossgate.

SAP recently agreed to resell and market the SAP E-Invoicing for Compliance application by
Crossgate, which allows companies to send and receive digitally signed, compliant PDFs or EDI
invoices electronically.

SAP/Crossgate Targets Ariba in Crosshairs: Will the Best-Run Businesses Run on the SAP
Network?
Jason Busch, Spendmatters.com

September 21, 2011
http://www.spendmatters.com/index.cfm/2011/9/21/SAPCrossgate-Targets-Ariba-in-Crosshairs-
Will-the-BestRun-Businesses-Run-on-the-SAP-Network

Earlier this week, SAP announced it was acquiring Crossgate, a key piece of the supplier
network puzzle that the ERP giant is trying to piece together in an attempt to dominate the space
between buyers and suppliers rather than just delivering workflow, compliance and decision
support applications to purchasing managers and frontline buyers that sit behind the enterprise
firewall. In many ways, the announcement represents a surprising shot across the bow of the
Ariba network boat, but it's unclear whether or not the move will accelerate the pace at which
SAP is getting large Ariba customers to defect in both the eProcurement and invoicing areas.
Later today, we'll investigate this specific topic in more detail, so check back.

Regarding the subject at hand, in the past two years, Ariba has done a stellar job of convincing
Wall Street that network business models that connect buyers and suppliers in a one-to-many
fashion to complete corporate buying and selling transactions are worthy of exemplary
valuations. But in reality, supplier networks -- including the Ariba network -- are exceptionally
valuable to users, not shareholders, many of whom don't understand the business model that
makes up the paper they're holding.

We've written hundreds of thousands of words about this topic over the years. However, the
challenge for Ariba is that the core model for transactional connectivity alone is not defensible;
especially in a market a provider believes it has more pricing power than its customers believe
(which explains why Ariba is accelerating its move into the supplier discovery space, among
other areas). In reality, there isn't really a secret sauce that prevents others from building
competitive models and undercutting existing market price points, at least when it comes to P2P
connectivity (for PO, invoice, ASN and related document exchange). This is precisely what SAP
has done in announcing the acquisition of Crossgate on Tuesday.

In positioning the deal, SAP has taken a lot of the same language Ariba uses. To wit, "Crossgate
enables companies to fully integrate and network with trading partners, clients and suppliers,
allowing electronic data exchange with any business partner regardless of their technical
capability. As a result of this acquisition, SAP will enable networking at the enterprise level,
providing an easy way for trading partners to collaborate, share data and automate processes that
link customers and suppliers for streamlined B2B e-commerce." Sounds a bit Sunnyvale -- or
would that be Alpheretta-esque? You betcha.

But one thing is missing in the announcement. And that's Hubwoo, the other integral piece of the
SAP supplier network offering (you can read about the specifics of the three- (now two) way
combined solution here, here, and here). Later today, we'll explore how this announcement will
impact the Hubwoo/SAP relationship, offering perspectives from both providers. But without
question, even if it causes no tension for the partners, it will certainly help to eventually create a
more differentiated market network offering with native hooks into SAP for both direct and
indirect spend and global buyer/supplier connectivity, which on the e-invoicing side, requires a
massive amount of localization for tax laws and compliance.

How will this offering stack up in the market on a functional level? I previously wrote, "If you
dig into the functional promises of the SAP network that combines Hubwoo and Crossgate, the
similarities between the ASN become even more clear -- and even go beyond, to some extent,
what Ariba has integrated today as part of core network functionality rather than in an
application area. Consider that SAP is bundling a supplier self-registration capability into the
network that allows buying organizations to manage campaigns, find and invite suppliers and
monitor the status of suppliers. Suppliers have the ability to register, providing detailed profile
information as well as interface with ongoing transactional requirements and status updates."

"On the Order to Invoice side, the network offering lets buyers 'enforce process rules' through a
similar workflow configuration to Ariba and other network tools plus the ability for suppliers to
manage transactions in a single hub from order to invoice. For event management, the network
offering includes a range of capabilities including alerting, document tracking and dispute
management/remediation. Underlying the event management framework and architecture are
browser-based and email alerting capabilities, document tracking and additional
workflow/process definitions that users can configure or customize."

In short, as I previously opined, with the offering that incorporates Crossgate as a core
component, "SAP is no doubt creating a network offering that balances market-parity functional
network capability and a level of integration into native back-end systems with a broad supplier
reach that is designed to directly challenge Ariba for network supremacy in the P2P market."

And now with Crossgate soon to be under SAP's firm control, it's likely the battle for network
victory will accelerate. That is, unless SAP decides to push the "game over" button, and pay a
premium for another vendor we all know.

M&A Activity Around The Globe - SAP to Acquire B2B Networking Provider Crossgate
Newstocks.com
September 20, 2011
http://www.newsystocks.com/news/4107717/M-A-Activity-Around-The-Globe--Calpian--First-
Alliance-Payment-Processing--Sunlogics--Phoenix-Solar-Holdings--SAP--Crossgate

SAP AG (NYSE: SAP) said today, that it intends to acquire business-to-business (B2B)
integration provider Crossgate. A leading provider of hosted B2B integration services, Crossgate
enables companies to fully integrate and network with trading partners, clients and suppliers,
allowing electronic data exchange with any business partner regardless of their technical
capability. With this acquisition, SAP will enable networking at the enterprise level, providing an
easy way for trading partners to collaborate, share data and automate processes that link
customers and suppliers for streamlined B2B e-commerce. SAP and Crossgate have a proven
history of partnership as part of the SAP ecosystem, and in October 2008 Crossgate received an
investment from SAP. The acquisition is subject to the approval of the relevant antitrust
authorities. SAP will provide additional details about future plans after the acquisition of
Crossgate is completed. The acquisition is expected to close by November 1, 2011. Terms and
purchase price of this acquisition are not publicly disclosed. SAP was trading higher by 0.99
percent to $50.96 on Tuesday.

Notable Mergers and Acquisitions of the Day 09/20: (MRH)/(SIGI) (DDD) (SAP)
Streetinsider.com
September 20, 2011
http://www.streetinsider.com/ic_landing.html
SAP AG (NYSE: SAP) today announced its intent to acquire business-to-business (B2B)
integration provider Crossgate.

Crossgate is a leading provider of hosted B2B integration services, Crossgate enables companies
to fully integrate and network with trading partners, clients and suppliers, allowing electronic
data exchange with any business partner regardless of their technical capability.

As a result of this acquisition, SAP will enable networking at the enterprise level, providing an
easy way for trading partners to collaborate, share data and automate processes that link
customers and suppliers for streamlined B2B e-commerce.

SAP acquires EDI specialist Crossgate - Business-to-Business Networking Provider will
strengthen ERP giant's rach
Mike Simons, CIO UU
September 21, 2011
http://www.cio.co.uk/news/3304887/sap-acquires-edi-specialist-crossgate/

SAP is buying business-to-business e-commerce services provider Crossgate for an undisclosed
amount.

Crossgate is a long term partner of SAP, and boasts 40,000 business partners, with customers
including BASF, Olivetti and mobile telco 3.
Its technology enables companies to fully network with trading partners via electronic data
exchange (EDI).

SAP says the acquisition will allow it to deliver rapid value to customers looking to collaborate,
share data and automate processes that link customers and.
Crossgate also boasts e-invoicing services which cover signatures, compliance monitoring,
integrated with customers’ backend systems and finance processes.

Registration is free, and gives you full access to our extensive white paper library, case studies &
analysis, downloads & speciality areas, and more.

In 2008 SAP invested in Crossgate, which then entered a global reseller agreement that allowed
SAP to offer its customers Crossgate’s B2B Content Engine as an SAP solution extension.
SAP has also been reselling SAP E-Invoicing for Compliance application by Crossgate, which
allows companies to send and receive digitally signed, compliant PDFs or EDI invoices
electronically.

Peter Maier, general manager, head of Line of Business Solutions, SAP said, “By acquiring
Crossgate’s highly differentiated solution, we help our customers extend their end-to-end
business processes running on SAP to their customers and partners.”

The acquisition is subject to regulatory approval and is expected to complete by 1 November.

Full Text (Germany)

SAP kauft mit Crossgate einen Anbieter von B2B-Netzen / SAP Buys Provider of B2B
Networks

zdnet.de
September 20, 2011
http://www.zdnet.de/news/41556548/sap-kauft-mit-crossgate-einen-anbieter-von-b2b-
netzen.htm

SAP hat die Absicht angekündigt, Crossgate zu kaufen, einen deutschen Anbieter von
Integrations- und Vernetzungsdiensten. Details nennt es erst, wenn die Transaktion
abgeschlossen ist - Konditionen und Kaufsumme bleiben aber ohnehin unter Verschluss. Falls
die zuständigen Kartellbehörden zustimmen, könnte die Fusion zum 1. November passieren,
hofft SAP. Über die Integrationsdienstleistungen von Crossgate haben Unternehmen die
Möglichkeit, sich mit ihren Handelspartnern sowie Kunden und Zulieferern zu vernetzen. Der
Datentransfer wird unabhängig von den technischen Voraussetzungen abgesichert. SAP will
damit eine Vernetzung auf Unternehmensebene zur Verfügung stellen, über die Kunden nicht
nur kooperieren und Daten austauschen, sondern auch elektronische Handelsprozesse
automatisieren. Crossgate mit Firmensitz in München meldet über 40.000 Kunden. Unternehmen
treten dem Netzwerk einmalig bei und verlinken sich über vorkonfigurierte Partnerprofile. Es
handelt sich um ein umfassendes Service-Angebot ohne dedizierte Punkt-zu-Punkt-Integration.
Das verringert die Kosten und vereinfacht die Einbindung weiterer Partner in B2B-Initiativen.
Für die elektronische Rechnungsabwicklung bietet Crossgate ebenfalls Dienste an. Diese sind
sowohl in das Backend-System des Kunden als auch in dessen Finanzprozesse integriert und
enthalten die Prüfung von Signaturen und Vertragskonformitäten. SAP und Crossgate sind schon
länger Partner. Im Oktober 2008 hatte sich SAP erstmals an Crossgate beteiligt. Anschließend
wurde ein globales Reseller-Abkommen vereinbart: SAP bietet seinen Kunden seither die B2B-
Content-Engine von Crossgate unter dem Produktnamen "SAP Information Interchange
application by Crossgate" an. Vor kurzem folgte eine weitere Vereinbarung: SAP verkauft
seither auch "SAP E-Invoicing for Compliance application by Crossgate", eine Anwendung für
digital unterschriebene und rechtskonforme PDF- und EDI-Rechnungen.

SAP kauft mit Crossgate einen Anbieter von B2B-Netzen / SAP buys Crossgate, a Provider
of B2B Networks
finanzen.net
20. September 2011
http://www.finanzen.net/nachricht/aktien/SAP-kauft-mit-Crossgate-einen-Anbieter-von-
B2B- Netzen-1381097



SAP kauft mit Crossgate einen Anbieter von B2B-Netzen / SAP buys Crossgate a Provider
of B2B Networks
daf.fm
20. September 2011
http://www.daf.fm/news/sap-kauft-mit-crossgate-einen-anbieter-von-b2b-
netzen-6837510.html


dowjones.de
20. September 2011
http://www.dowjones.de/site/2011/09/sap-kauft-hosting-anbieter-crossgate.html

Wie der Walldorfer Softwarekonzern am Dienstag mitteilte, beschäftigt Crossgate derzeit rund
250 Mitarbeiter und verfügt über mehr als 40.000 Kunden. Über den Wert der Transaktion, die
zum 1. November 2011 abgeschlossen sein soll, und den Umsatz von Crossgate wollte sich ein
Sprecher von SAP nicht äußern.
Crossgate ist ein Spezialist für Integrationsdienstleistungen und unterstützt Unternehmen bei der
Vernetzung mit ihren Handelspartnern unabhängig von deren technischer Ausstattung. Dabei
treten Unternehmen dem Netzwerk einmalig bei und verlinken sich über vorkonfigurierte
Partnerprofile.
Die Übernahme folge der SAP-Strategie, organisch zu wachsen und sich durch gezielte
Akquisitionen zu verstärken, teilte der DAX-Konzern mit. "Durch den Kauf der hoch
differenzierten Lösung von Crossgate können unsere Kunden ihre durchgehenden SAP-Prozesse
erweitern, um auch ihre Geschäftspartner einzubinden", sagt Peter Maier, Chef des Bereichs Line
of Business Solutions der SAP.
Zwischen Crossgate und SAP bestand bereits seit 2007 eine globale strategische Kooperation
und seit Oktober 2008 sind die Walldorfer auch strategischer Investor bei Crossgate.
Hauptgesellschafter waren bisher die Familie des SAP-Gründers Dietmar Hopp, die
Beteiligungsgesellschaft Otto Wolff von Amerongen sowie die arabisch-asiatische
Beteiligungsgruppe Al-Jomaih.

SAP kauft Crossgate / SAP buys Crossgate
inside-it
20. September 2011
http://www.inside-it.ch/articles/26404

SAP plant laut einer Mitteilung, den deutschen Hosting-Anbieter von Integrations- und
Vernetzungsdiensten für Geschäftspartner Crossgate zu kaufen. Das Münchner Unternehmen
unterstütze über 40'000 Geschäftspartner aus verschiedensten Branchen beim sicheren Austausch
sensibler Daten und Dokumente, so SAP. Hauptaktionäre von Crossgate waren bisher die
Familie des SAP-Gründers Dietmar Hopp sowie diverse Beteiligungsgesellschaften. Der
Kaufpreis wurde nicht mitgeteilt. Mit dem Zukauf könne man nun eine Vernetzung auf
Unternehmensebene zur Verfügung stellen, die Kunden die Zusammenarbeit und den
Datenaustausch erleichtere und ihnen auch die Automatisierung von Prozessen für einen
effizienten elektronischen Handel im Geschäftsumfeld anbiete, so der Walldorfer
Softwarekonzern. Die beiden Unternehmen sind schon seit 2007 Partner; SAP hatte sich bereits
im Oktober 2008 an Crossgate beteiligt. SAP bietet den Kunden die B2B-Content-Engine von
Crossgate als Lösungserweiterung unter dem Produktnamen "SAP Information Interchange
application by Crossgate" an. Mithilfe der B2B-Content-Engine könnenneue Geschäftspartner

hinzugefügt oder die Anwendungen und Partnereinstellungen angepasst werden. Zudem
vermarket und verkauft SAP das Produkt "SAP E-Invoicing for Compliance application by
Crossgate". Mithilfe der Anwendung können Unternehmen digital unterschriebene und
rechtskonforme Rechnungen elektronisch versenden und empfangen. SAP geht davon aus, dass
der Kauf nach dem OK der Kartellbehörden am 1. November 2011 abgeschlossen werden kann.
(mim)

finanzen.net
20. September 2011
http://www.finanzen.net/nachricht/aktien/SAP-kauft-Hosting-Anbieter-Crossgate-
1380528

WALLDORF (Dow Jones)--Die SAP AG übernimmt den Münchener Hosting-Anbieter von
Integrations- und Vernetzungsdiensten Crossgate. Wie der Walldorfer Softwarekonzern am
Dienstag mitteilte, beschäftigt Crossgate derzeit rund 250 Mitarbeiter und verfügt über mehr als
40.000 Kunden. Über den Wert der Transaktion, die zum 1. November 2011 abgeschlossen sein
soll, und den Umsatz von Crossgate wollte sich ein Sprecher von SAP nicht äußern. Crossgate
ist ein Spezialist für Integrationsdienstleistungen und unterstützt Unternehmen bei der
Partnerprofile. Die Übernahme folge der SAP-Strategie, organisch zu wachsen und sich durch
gezielte Akquisitionen zu verstärken, teilte der DAX-Konzern mit. "Durch den Kauf der hoch

deraktionär.de
20. September 2011
http://www.deraktionaer.de/newsticker/sap-kauft-hosting-anbieter-
crossgate-17150919.htm

WALLDORF (Dow Jones)--Die SAP AG übernimmt den Münchener Hosting-Anbieter von
Integrations- und Vernetzungsdiensten Crossgate. Wie der Walldorfer Softwarekonzern am
Dienstag mitteilte, beschäftigt Crossgate derzeit rund 250 Mitarbeiter und verfügt über mehr als
40.000 Kunden. Über den Wert der Transaktion, die zum 1. November 2011 abgeschlossen sein
soll, und den Umsatz von Crossgate wollte sich ein Sprecher von SAP nicht äußern.
Crossgate ist ein Spezialist für Integrationsdienstleistungen und unterstützt Unternehmen bei der
Partnerprofile.

Die Übernahme folge der SAP-Strategie, organisch zu wachsen und sich durch gezielte
Akquisitionen zu verstärken, teilte der DAX-Konzern mit. "Durch den Kauf der hoch
Zwischen Crossgate und SAP bestand bereits seit 2007 eine globale strategische Kooperation
und seit Oktober 2008 sind die Walldorfer auch strategischer Investor bei Crossgate.
Hauptgesellschafter waren bisher die Familie des SAP-Gründers Dietmar Hopp, die
Beteiligungsgesellschaft Otto Wolff von Amerongen sowie die arabisch-asiatische
Beteiligungsgruppe Al-Jomaih.

Märkische Allgemeine
20. September 2011
http://www.maerkischeallgemeine.de/cms/beitrag/12177595/5934832/UeBERBLICKUntern
ehmen-Uhr-Fassung.html

Die Deutsche Lufthansa AG hat ihr Gewinnziel für das laufende Jahr zurückgenommen. Eine
Steigerung des operativen Gewinns über den Vorjahreswert von 876 Mio EUR erscheine aus
heutiger Sicht nicht mehr realisierbar, teilte Deutschlands größte Airline am Dienstag mit. Der
Vorstand rechnet aufgrund der aktuellen Entwicklung nur noch mit einem operativen Gewinn im
oberen dreistelligen Mio-EUR-Bereich. Die Gewinnwarnung reflektiert den Angaben zufolge ein
schwächer als erwartet ausgefallenes August-Ergebnis der Passage Airline Gruppe.
SAP kauft Hosting-Anbieter Crossgate
Die SAP AG übernimmt den deutschen Hosting-Anbieter von Integrations- und
Vernetzungsdiensten Crossgate. Wie der Softwarekonzern mitteilte, beschäftigt Crossgate derzeit
rund 250 Mitarbeiter und verfügt über mehr als 40.000 Kunden. Über den Wert der Transaktion,
die zum 1. November 2011 abgeschlossen sein soll, und den Umsatz von Crossgate wollte sich
ein Sprecher von SAP nicht äußern.

Fresenius-Mittel "Removab" erhält erweiterte EU-Zulassung
Die Europäische Kommission hat die Zulassung des Fresenius-Medikaments "Removab" zur
Behandlung von Bauchwassersucht bei Tumorerkrankungen erweitert. Zugelassen sei das Mittel
nun auch für eine verkürzte Infusionsdauer, wie die Tochter des DAX-Konzerns, Fresenius
Biotech, mitteilte. Damit könne die Behandlung von malignem Aszites - einer Ansammlung von
großen Flüssigkeitsmengen in der Bauchhöhle - von sechs auf drei Stunden halbiert werden.
Stahlhändler KlöCo beruft drittes Vorstandsmitglied
Nach fast zwei Jahren trägt der Stahlhändler Klöckner & Co (KlöCo) der jüngsten Expansion
Rechnung und beruft ein drittes Vorstandsmitglied. Ab Oktober wird Bill Partalis für das
Amerika-Geschäft des Duisburger MDAX-Unternehmens zuständig sein, teilte die Klöckner &
Co SE mit. Der 1953 geborene Manager ist seit 20 Jahren für die US-Tochter von KlöCo tätig
und wird weiter von den USA aus tätig sein.
EU-Kommission winkt Verkleinerung der HSH Nordbank durch
Die Europäische Kommission hat Umstrukturierungsbehilfen in Höhe von insgesamt 30 Mrd
EUR für die HSH Nordbank genehmigt. Damit findet das über zwei Jahre andauernde Tauziehen

zwischen der Kommission und den Eigentümern der Landesbank endlich ein Ende. Die zu
Beginn der Verhandlungen geforderte Privatisierung ist endgültig vom Tisch.
HRE soll Pfandbriefbank bis spätestens Ende 2015 reprivatisieren
Die verstaatlichte Hypo Real Estate (HRE) soll im Zuge ihrer Umstrukturierung ihre Tochter pbb
Deutsche Pfandbriefbank nach EU-Vorgaben bis spätestens Ende 2015 reprivatisieren. Für den
irischen Staatsfinanzierer Depfa läuft die Frist zur Reprivatisierung bereits ein Jahr früher ab,
wie die HRE mitteilte.
Kartellamt verhängt Millionenbußen gegen Spanplattenhersteller
Das Bundeskartellamt hat wegen verbotener Preisabsprachen von Spanplattenherstellern
Bußgelder in Millionenhöhe verhängt. Insgesamt belaufen sich die Strafen gegen vier Hersteller
von Spanplatten, OSB-Platten und anderen Holzwerkstoffprodukten sowie gegen
verantwortliche Personen auf rund 42 Mio EUR, teilte das Amt mit.
Spanien prüft mögliche Kartellrechtsverstöße von Microsoft
Gegen den US-Softwarekonzern Microsoft wird in Spanien wegen möglicher Kartellrechts-
Verstöße ermittelt. Die nationale Wettbewerbsbehörde hat eine Untersuchung gegen spanische
und irische Microsoft-Töchter wegen der mutmaßlichen Blockierung von
Computersoftwareverkäufen durch Dritte eingeleitet. Zuvor seien Hinweise auf mögliche
Verletzungen des Wettbewerbsrechts gesammelt worden. Die Untersuchung müsse innerhalb
von 18 Monaten abgeschlossen werden, so die Behörde.

Spiegel Online
21. September
http://boersen.manager- magazin.de/spo_mmo/kurse_einzelkurs_news.htm?
s=716460&n=SAP&b=9&l=276&u=0&p=0&k=0&id =33384877&u=0&p=0&k=0

FRANKFURT (Dow Jones)--Vor den mit Spannung erwarteten Ergebnissen der Sitzung der US-
Notenbank (Fed) am Abend neigt der deutsche Aktienmarkt am Mittwochmittag zur Schwäche.
Damit geht nach den kräftigen Kursgewinnen am Dienstag und den Verlusten am Montag die
Berg- und Talfahrt weiter. Gegen 12.15 Uhr verliert der DAX 1,1% oder 60 Punkte auf 5.512.
Die Indizes der Nebenwerte halten sich etwas besser: Der MDAX gibt um 0,3% auf 8.855 Zähler
nach und der TecDAX um 0,5% auf 693 Punkte.
Aus technischer Sicht ist der DAX beim Hoch vom vergangenen Mittwoch bei 5.348 Punkten
unterstützt. Das Hoch vom Freitag bei 5.656 Punkten wirkt als Widerstand.
Abwarten lautet das Motto. Gegen 20.15 Uhr veröffentlicht die US-Notenbank die Ergebnisse
ihrer zweitägigen Sitzung. Beobachter rechnen damit, dass die Fed mittels Umschichtungen in
ihrem Anleihen-Portfolio versuchen wird, die längerfristigen Zinsen zu senken. So sollen
Investitionen angeregt werden, um die lahmende US-Konjunktur zu beleben. Den Leitzins dürfte
die Fed bei 0,00% bis 0,25% belassen.
Lufthansa stehen nach der Gewinnwarnung vom Vortag weiter unter Druck. Im Rahmen einer
Investorenkonferenz teilte die Lufthansa zudem mit, dass sie im Winter das Angebot lediglich
um 4% ausweiten will statt wie ursprünglich geplant um 6%. Unter anderem hat die Deutsche
Bank die Aktie herabgestuft auf "Verkaufen"; sie verliert 4,4% auf 9,87 EUR.
Mit Deutsche Post, die 3,7% auf 9,72 EUR verlieren, steht die Aktie eines weiteren Logistik-

Unternehmens unter Druck. Hier hat Barclays das Kursziel gesenkt. UBS hat die Papiere der
Allianz von einer Empfehlungsliste gestrichen. Allianz verlieren daraufhin 1,1% auf 63,86 EUR.
SAP gehören zu den wenigen Aktien im DAX, die zulegen können. Solide Umsätze des
Kontrahenten Oracle mit Software-Lizenzen lassen SAP um 1,8% auf 38 EUR steigen. Oracle
hat im ersten Quartal mit neuen Software-Lizenzen 17% mehr umgesetzt, Marktbeobachter
bezeichneten dies als überraschend stark.
Auch bei Automobilaktien geht die Berg- und Talfahrt weiter. Nach überdurchschnittlichen
Kursgewinnen in den vergangenen Tagen werden BMW (-1,4%), Daimler (-2,5%) und VW
(-1,5%) in die jüngste Kursstärke hinein wieder verkauft.
Metro verteuern sich um 2,4% auf 31,61 EUR. Es verdichten sich die Hinweise, dass der Vertrag
des Vorstandsvorsitzenden Eckhard Cordes verlängert wird. "In der derzeitigen unruhigen
Gesamtsituation ist Ruhe und Kontinuität positiv", meint ein Händler.
Lanxess hat die Ergebnisprognosen für das laufende Jahr bekräftigt, das lässt die Aktie des
Chemiekonzerns um 1,7% auf 38,82 EUR zulegen. Eine Hochstufung auf "Kaufen" von
"Neutral" durch die Bank Nomura lässt Salzgitter um 1,5% auf 38,66 EUR steigen.
SMA Solar weiten den jüngsten Kurseinbruch um 4,8% auf 44,53 EUR aus. Das ist der
niedrigste Stand seit dem 23. Juni 2009. Der Hersteller von Solaranlagen hatte am Montag eine
Gewinnwarnung veröffentlicht, worauf es Abstufungen en masse hagelt.

SAP kauft Anbieter von B2B-Netzwerken / SAP buys Crossgate, a Provider of B2B
Networks
heise.de
21. September 2011
http://www.heise.de/newsticker/meldung/SAP-kauft-Anbieter-von-B2B-
Netzwerken-1346955.html

SAP will die Münchner Firma Crossgate kaufen, einen deutschen Anbieter von Integrations- und
Vernetzungsdiensten für Geschäftspartner. Crossgate ermöglicht es Unternehmen, sich mit
Handelspartnern, Kunden und Zulieferern über vorkonfigurierte Partnerprofile zu vernetzen und
über sichere Kanäle Dokumente und Daten auszutauschen, unabhängig von den jeweiligen
technischen Voraussetzungen.SAP und Crossgate hatten schon seit vielen Jahren
zuisammengearbeitet. Die zuständigen Kartellbehörden müssen der Übernahme noch zustimmen.
Die Akquise soll zum 1. November 2011 abgeschlossen sein. Zu den Konditionen sowie der
Kaufsumme macht SAP keine Angaben

SAP plant, den deutschen Hosting-Anbieter Crossgate zu kaufen / SAP Plans to Buy the
German Hosting Priovider Crossgate
channelinsider.de
21. September 2011

http://www.channelinsider.de/2011/09/21/sap-kauft-crossgate/

SAP erwirbt die Münchner Crossgate, die auf Channel-Integration fokussiert ist. Crossgate
unterstützt über 40.000 Geschäftspartner beim Austausch sensibler Daten und Dokumente.
Unternehmen treten dem dem Crossgate-Netzwerk einmalig bei und verlinken sich über
vorkonfigurierte Partnerprofile. Bereits im Oktober 2008 hatte sich SAP an Crossgate beteiligt.
Noch müssen die zuständigen Kartellbehörden der Übernahme zustimmen. Ein Abschluss zum 1.
November 2011 ist geplant. Konditionen und Kaufsumme werden nicht veröffentlicht

derboersianer.com
21. September 2011
http://www.derboersianer.com/includes/print.html?tx_wcprintview_pi1%5Bmode
%5D=xmlnews&tx_wcprintview_pi1%5Buid%5D=270023

Die SAP AG übernimmt den deutschen Hosting-Anbieter von Integrations- und
Vernetzungsdiensten Crossgate. Wie der Softwarekonzern mitteilte, beschäftigt Crossgate derzeit
rund 250 Mitarbeiter und verfügt über mehr als 40.000 Kunden. Über den Wert der Transaktion,
die zum 1. November 2011 abgeschlossen sein soll, und den Umsatz von Crossgate wollte sich
ein Sprecher von SAP nicht
###

Crossgate Acquisition Media Coverage

Recomendados

Recomendados

Más contenido relacionado

Destacado

Destacado (6)

Similar a Crossgate Acquisition Media Coverage

Similar a Crossgate Acquisition Media Coverage (20)

Más de Sebastian Vitzthum

Más de Sebastian Vitzthum (15)

Crossgate Acquisition Media Coverage