Executive Briefings

SAP Wants to buy Inventory Management/Forecasting Software Company

SAP says it will offer to purchase all shares in SAF Simulation, Analysis and Forecasting AG and that it expects its offer to be accepted.

SAF is a Swiss company whose software helps retailers and wholesalers manage inventory and forecast demand across their supply chains.

A spokesman says the acquisition is consistent with SAP's strategy, which is to acquire small companies that can add to its existing portfolio of software. He said there are no implications for operations or job cuts -- SAF has around 100 employees and they will remain in Switzerland. 

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SAP says it will offer to purchase all shares in SAF Simulation, Analysis and Forecasting AG and that it expects its offer to be accepted.

SAF is a Swiss company whose software helps retailers and wholesalers manage inventory and forecast demand across their supply chains.

A spokesman says the acquisition is consistent with SAP's strategy, which is to acquire small companies that can add to its existing portfolio of software. He said there are no implications for operations or job cuts -- SAF has around 100 employees and they will remain in Switzerland. 

Read Full Article