SAP to Buy Visiprise for Manufacturing Software
SAP is buying Visiprise, maker of plant-level software for manufacturers.Chris Kanaracus, IDG News Service
Tue, 17 Jun 2008 15:50:12 UTC
SAP plans to buy Visiprise, which makes software that manufacturers use to plan, execute and troubleshoot their plant-level operations, it announced Tuesday.
Terms of the deal, which is expected to close in July, were not disclosed.
SAP plans to align Visiprise's software with its business applications as well as its Manufacturing Integration and Intelligence product, which links business operations to systems running on the shop floor.
The two companies have been working together for a number of years, and SAP's NetWeaver Fund made an investment in Visiprise in November 2006, according to a statement.
Visiprise, of Alpharetta, Georgia, has about 300 employees and 60 customers, according to a statement.