Five Minute Briefing - Information Management
January 9, 2013
Five Minute Briefing - Information Management: January 9, 2013. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.
Software AG has agreed to sell its SAP-service operations in Canada and the USA to itelligence, a full-service provider of IT solutions for the SAP market with approximately 2,700 employees in 21 countries. Its headquarters are in Bielefeld, Germany. The transaction closing is scheduled for January 16 and according to the companies the purchase price will not be disclosed. The transaction includes all of Software AG's SAP product-specific services in Canada and the U.S., which are coordinated from Toronto and Reston, Virginia respectively. In addition, itelligence plans to acquire the majority of around 80 employees as of January 16.