SAP has made an undisclosed investment in a Visiprise, which develops integration software for manufacturing companies that use SAP NetWeaver.
The investment is designed to strengthen the partnerships around NetWeaver, SAP’s applications and integration platform that includes portal, data warehouse and other components. SAP didn’t disclose the size of the transaction, calling it a “minority investment”.
Visiprise makes software for manufacturing companies in the aerospace, defence and medical industries, among others. It has around 200 customers, including Boeing, Northrop-Grumman and BAE Systems.
The investment money came from SAP’s US$125 million (NZ$187 million) NetWeaver Fund, which was established in May. SAP says each investment will typically be no more than US$5 million. Visiprise is the third investment for the fund.
SAP made its first investment in August, in Questra, which makes software for intelligent device management. Last month it invested in ArisGlobal Holdings, which makes software for the pharmaceutical industry.