
German business software colossus SAP AG on Tuesday announced a deal to buy a US firm specializing in applications for employees tending to work outside of offices. SAP did not disclose financial terms of its agreement to acquire Illinois-based Syclo. "With this acquisition, SAP adds momentum to our already powerful mobile portfolio," said SAP global solutions president Sanjay Poonen. "Syclo brings both domain-savvy expertise and industry-leading solutions...This will drive innovation and mobility in the workplace." Syclo has been successful building and selling applications for workers, particularly in manufacturing, life sciences, and the oil and gas industries, according to SAP. The acquisition comes as employees increasing rely on smartphones and tablet computers while doing their jobs and as mobile gadgets are projected to top personal computers as the most common tools for connecting to the Internet. Syclo has more than 600 customers in 39 countries, according to SAP. "Today's announcement is the next step in delivering a fully-integrated mobile platform and enterprise application portfolio to both Syclo and SAP customers," said Syclo chief executive Rich Padula. "Together, we will expand and accelerate our ability to help businesses run better through mobility." News of the Syclo acquisition came at a San Francisco press event where SAP executives laid out a "road map" to become a powerhouse in business database and mobile device arenas.
GMT 17:56 2018 Wednesday ,17 January
Ericsson to write down 1.4 billion euros in fourth quarterGMT 19:16 2018 Saturday ,13 January
China shuts Marriott website over Tibet error, scolds other firmsGMT 17:31 2018 Thursday ,11 January
UK group bids for Europe's biggest aluminium smelterGMT 17:24 2018 Thursday ,11 January
UK supermarket Sainsbury's lifts outlook after bumper ChristmasGMT 17:52 2018 Tuesday ,09 January
H&M removes 'black boy' ad after racism accusationGMT 19:38 2018 Wednesday ,03 January
Petrobras pay $2.95bn to settle US class action on corruptionGMT 13:49 2018 Wednesday ,03 January
China’s Ant Financial drops $1.2 billion MoneyGram deal as US approval failsGMT 17:47 2017 Sunday ,31 December
BA owner to buy bankrupt Austrian airline Niki
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor