June 17, 2008 - SAP AG announced its intent to acquire Visiprise, Inc., a privately-held, leading provider of manufacturing execution software solutions delivering integrated manufacturing operations to companies of all sizes.
With the addition of Visiprise, SAP will deliver on its strategy to bring together core SAP solutions with the software, hardware and services offerings of ecosystem partners to drive innovation for discrete manufacturers. The integration of Visiprises plant-level manufacturing execution solutions brings discrete manufacturing customers a product offering to increase production responsiveness, improve operational efficiencies and enhance quality and regulatory compliance.
Headquartered in Alpharetta, Georgia, Visiprise serves more than 60, global customers including many existing SAP customers in discrete manufacturing industries.
The automation of business processes for manufacturing companies has been core to the SAP strategy for more than 30 years, said Jim Hagemann Snabe, corporate office and member of the executive council, SAP AG. We are excited to combine Visiprises industry-leading manufacturing execution solutions with the power of the SAP Business Suite. This combination will offer manufacturers better visibility by linking the operations of the plant floor to production planning and operations management, enabling manufacturers to respond profitably to the growing demands of their global customers.
The compatibility between the Visiprise offering and SAP is undeniable and proven. We are excited to join the SAP team and work together to further serve our customers as their needs continue to evolve and grow, said Sean McCloskey, president and CEO at Visiprise.
SAP anticipates that the acquisition will be completed in July 2008 pending necessary regulatory approvals in the United States and Europe. Visiprise employs approximately 300 employees and has offices in Carlsbad, California and Kiev, Ukraine. The company will provide additional details about the integration of the companies after the closing of the transaction.
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