SAP AG, Walldorf, Germany, plans to combine two of its subsidiaries, SAP Markets Inc. and SAP Portals Inc., into a single unit that will focus on the delivery of integration technologies and collaborative applications through the use of open standards.
The new company will provide a single platform that combines an enterprise portal with content management and exchange technology. It will deliver a suite of applications for supplier relationship management, extended e-selling and business intelligence.
By centralizing the companies under one entity, SAP can better support customers involved in integration projects that often require applications that incorporate both SAP Markets and SAP Portals software, the company says. The vendor adds that it also expects to increase deployment of the technologies in non-SAP environments.
SAP Markets, which began operations in May 2000, delivers buying and selling applications and supports integration into related business services. SAP Portals provides collaboration and enterprise portals and business intelligence tools. The combined company will have headquarters in Palo Alto, Calif., and offices in New York, Chicago, Houston, France, Germany, Great Britain, Israel and Singapore. Shai Agassi, SAP Portals chief executive officer, will be CEO. Hasso Platiner, SAP Markets CEO, will serve as chairman of the board. The company will employ more than 1,700 persons.
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