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BUSINESS
March 5, 2004 | From Bloomberg News
SAP, the world's biggest maker of business management software, will write to the Justice Department to say it agrees with Oracle Corp. that the government's definition of the industry is too narrow. Redwood City, Calif.-based Oracle, which is preparing to fight the Justice Department over the company's $9.4-billion bid for PeopleSoft Inc., has said the government is wrong in saying only Oracle, PeopleSoft and SAP sell complex accounting software.
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BUSINESS
November 20, 2007 | From Bloomberg News
SAP, the software maker accused by Oracle Corp. of stealing program codes, said Monday that the chief executive of its TomorrowNow unit resigned and that the company was considering selling the business. TomorrowNow CEO Andrew Nelson and several members of his management team are leaving the company, Walldorf, Germany-based SAP said. Mark White, who became executive chairman of TomorrowNow in July, will remain in that position.
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BUSINESS
July 4, 2007 | From the Associated Press
Software company SAP, responding to a lawsuit filed by Oracle Corp., acknowledged Tuesday that one of its units made "inappropriate downloads" of its rival's computer code for fixes and support documents. SAP said it never had access to Oracle's intellectual property, even as SAP Chief Executive Henning Kagermann vowed to keep "all options open" to settle the case. The legal battle underscores an increasingly cutthroat battle between the two competitors. Redwood Shores, Calif.
BUSINESS
July 4, 2007 | From the Associated Press
Software company SAP, responding to a lawsuit filed by Oracle Corp., acknowledged Tuesday that one of its units made "inappropriate downloads" of its rival's computer code for fixes and support documents. SAP said it never had access to Oracle's intellectual property, even as SAP Chief Executive Henning Kagermann vowed to keep "all options open" to settle the case. The legal battle underscores an increasingly cutthroat battle between the two competitors. Redwood Shores, Calif.
BUSINESS
November 20, 2007 | From Bloomberg News
SAP, the software maker accused by Oracle Corp. of stealing program codes, said Monday that the chief executive of its TomorrowNow unit resigned and that the company was considering selling the business. TomorrowNow CEO Andrew Nelson and several members of his management team are leaving the company, Walldorf, Germany-based SAP said. Mark White, who became executive chairman of TomorrowNow in July, will remain in that position.
BUSINESS
July 27, 2004 | From Bloomberg News
SAP, the world's largest maker of business management software, contacted Oracle Corp. about advertisements it said copied its own, SAP spokesman Herbert Heitmann said. "We need to see how they respond to our claim and then the lawyers will decide what the next steps are," Heitmann said. SAP, which is based in Walldorf, Germany, said it hasn't taken legal action. Oracle, the No.
BUSINESS
March 14, 1996
Microsoft, SAP to Form Internet Alliance: The software giant and the German firm will work with international standards organizations to develop the Business Application Programming Interface, or BAPI, which will allow Internet users to take advantage of the program developments made by various software companies. SAP spokesman Michael Pfister said the alliance with Redmond, Wash.-based Microsoft Corp. is a "technological partnership rather than a joint venture."
BUSINESS
July 31, 1998 | THOMAS S. MULLIGAN, TIMES STAFF WRITER
Where does the world's largest software company go for software? Microsoft goes to SAP, the German software giant that, at least in proportion to its size, is almost unknown on these shores. In fact, the industry SAP dominates--enterprise resource planning, or ERP, software--is obscure to all but the big corporations that use the complex systems to automate their accounting, personnel, inventory and manufacturing operations. SAP will take a big step toward raising its U.S.
BUSINESS
March 18, 2005 | From Associated Press
Business software makers Oracle Corp. and SAP intensified their takeover tug-of-war for retail software maker Retek Inc. on Thursday as they progressively raised the stakes with higher bids. Redwood City, Calif.-based Oracle finished the day with the higher offer of $11.25 a share, trumping SAP's $11-a-share bid from earlier in the day. Oracle raised the stakes even after Retek's board unanimously accepted SAP's offer.
BUSINESS
October 17, 2001 | Bloomberg News
Commerce One Inc., the unprofitable Internet commerce software maker, is setting itself up to be bought by SAP, its partner, analysts said. Commerce One, in which SAP owns a 20% stake, said Monday that it will fire almost half its staff and focus on research and development to break even in the second quarter of 2002. The cuts will leave Commerce One focused on developing technology used with SAP software, analysts said. SAP in June paid $225 million to raise its stake in the Pleasanton, Calif.
BUSINESS
March 18, 2005 | From Associated Press
Business software makers Oracle Corp. and SAP intensified their takeover tug-of-war for retail software maker Retek Inc. on Thursday as they progressively raised the stakes with higher bids. Redwood City, Calif.-based Oracle finished the day with the higher offer of $11.25 a share, trumping SAP's $11-a-share bid from earlier in the day. Oracle raised the stakes even after Retek's board unanimously accepted SAP's offer.
BUSINESS
July 27, 2004 | From Bloomberg News
SAP, the world's largest maker of business management software, contacted Oracle Corp. about advertisements it said copied its own, SAP spokesman Herbert Heitmann said. "We need to see how they respond to our claim and then the lawyers will decide what the next steps are," Heitmann said. SAP, which is based in Walldorf, Germany, said it hasn't taken legal action. Oracle, the No.
BUSINESS
June 8, 2004 | Joseph Menn, Times Staff Writer
Oracle Corp. on Monday defended its $7.7-billion hostile takeover bid for rival business-applications software maker PeopleSoft Inc. by revealing in federal court here that Microsoft Corp. had tried to buy SAP, the No. 1 company in that market.
BUSINESS
March 5, 2004 | From Bloomberg News
SAP, the world's biggest maker of business management software, will write to the Justice Department to say it agrees with Oracle Corp. that the government's definition of the industry is too narrow. Redwood City, Calif.-based Oracle, which is preparing to fight the Justice Department over the company's $9.4-billion bid for PeopleSoft Inc., has said the government is wrong in saying only Oracle, PeopleSoft and SAP sell complex accounting software.
BUSINESS
October 17, 2001 | Bloomberg News
Commerce One Inc., the unprofitable Internet commerce software maker, is setting itself up to be bought by SAP, its partner, analysts said. Commerce One, in which SAP owns a 20% stake, said Monday that it will fire almost half its staff and focus on research and development to break even in the second quarter of 2002. The cuts will leave Commerce One focused on developing technology used with SAP software, analysts said. SAP in June paid $225 million to raise its stake in the Pleasanton, Calif.
BUSINESS
February 22, 2000 | (Bloomberg News)
Deutsche Bank, Europe's biggest bank, said it will join forces with SAP and AOL Europe and spend as much as $990 million a year to build its online business. The stock rose 5.8%. Deutsche Bank will partly fund the online expansion by selling stakes in industrial companies, said Chief Executive Rolf Breuer. It will work with SAP to offer companies services via SAP's Internet platform and with AOL to boost its online broker.
BUSINESS
February 22, 2000 | (Bloomberg News)
Deutsche Bank, Europe's biggest bank, said it will join forces with SAP and AOL Europe and spend as much as $990 million a year to build its online business. The stock rose 5.8%. Deutsche Bank will partly fund the online expansion by selling stakes in industrial companies, said Chief Executive Rolf Breuer. It will work with SAP to offer companies services via SAP's Internet platform and with AOL to boost its online broker.
BUSINESS
August 5, 1997 | (Reuters)
Chip giant Intel Corp. in Santa Clara and German management software firm SAP are expected to announce today a joint venture to develop electronic commerce software, marking SAP's first step outside its core business. SAP, based in Frankfurt, manufactures a business management software package called R/3 that's run on high-end corporate servers. A spokesman for SAP said the companies will work together to develop software that supports business applications on the Internet.
BUSINESS
July 31, 1998 | THOMAS S. MULLIGAN, TIMES STAFF WRITER
Where does the world's largest software company go for software? Microsoft goes to SAP, the German software giant that, at least in proportion to its size, is almost unknown on these shores. In fact, the industry SAP dominates--enterprise resource planning, or ERP, software--is obscure to all but the big corporations that use the complex systems to automate their accounting, personnel, inventory and manufacturing operations. SAP will take a big step toward raising its U.S.
BUSINESS
August 5, 1997 | (Reuters)
Chip giant Intel Corp. in Santa Clara and German management software firm SAP are expected to announce today a joint venture to develop electronic commerce software, marking SAP's first step outside its core business. SAP, based in Frankfurt, manufactures a business management software package called R/3 that's run on high-end corporate servers. A spokesman for SAP said the companies will work together to develop software that supports business applications on the Internet.
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