 "SAP To Acquire TechniData AG")
SAP AG has announced its intent to acquire TechniData AG, a provider of product safety and environmental, health and safety (EHS) solutions.
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.
“SAP and TechniData have enjoyed a very productive, long-term relationship, and we are truly excited about joining the SAP family,” said Juergen Schwab, CEO, 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.”
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 organisations 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.