SAP (SAP) this morning said it intends to acquire TechniData AG, a Markdorf, Germany, company which SAP describes as “the world’s leading provider of product safety and environmental, health and safety solutions.” SAP says TechniData has nearly 500 employees. Terms were not disclosed. The deal is expected to close at the beginning of Q3.
Thomas Weisel Partners analyst Tom Roderick says in a research note that TechniData had 2008 revenue of 64.9 million Euros, with 57.7 million Euros in 2007.
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