SAP to Acquire TechniData AG
Continuing its focus on providing market-leading sustainability solutions to customers worldwide, SAP AG 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.
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.
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.
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