SAP buys more retail software expertise
- 23 November, 2005 08:19
- Comments
SAP plans to acquire Khimetrics, a U.S. customer-demand management software vendor with a focus on the retail market. The move follows the Germany-based ERP (enterprise resource planning) company's September announcement that it would purchase retail player Triversity, which specializes in selling customer-centric, point-of-sale software.
SAP, which announced the new acquisition Tuesday, expects to complete the purchase in January 2006, subject to the approval of antitrust authorities. The company didn't make public the financial terms of the deal. SAP said it hopes to retain Khimetrics' 130 staff and the firm's office in Scottsdale, Arizona.
Acquiring Khimetrics will let SAP add in more features to its SAP for Retail software suite, notably in the areas of analytical pricing and forecasting technologies. SAP plans to integrate Khimetrics' Java-based KhiDemand software into SAP for Retail, which is built on its NetWeaver platform. SAP believes it can pick up more customers in the retail market as users move toward standardized software and away from applications they developed themselves.
Although retail is the prime focus of the proposed acquisition, SAP also intends to continue Khimetrics' targeting of two other vertical markets -- financial services and consumer packaged goods.
Khimetrics' customers include grocery chain Albertson's, pet supplies chain Petsmart, home improvement store chain Lowe's Companies and convenience store chain 7-Eleven.
There's been something of a feeding frenzy of late over the smaller retail software companies, with SAP's main rival Oracle also buying up firms rapidly.
Earlier this year, SAP and Oracle had a very public battle over which of them would acquire retail management software developer Retek Inc. Oracle outbid SAP's original bid and ended up purchasing Retek.
- Bookmark this page
- Share this article
- Got more on this story? Email Computerworld
- Follow Computerworld on twitter
- How to Choose an SMB - Unified Communications as a Service (UCAAS) Solution
- Case Study: BNP Paribas Deploys Oracle Exadata to Accelerate Information Processing - The Hardware Perspective
- Data Center Physical Infrastructure: Optimising Business Value
- Eight threats your antivirus won’t stop - Why you need endpoint security
- Keeping up With Ever-Expanding Enterprise Data - 2010 IOUG Database Growth Survey
-
The NBN, service providers and you... what could go wrong?
-
NBN build gaining momentum daily: Quigley
-
FTC chairman: Do-not-track law may not be needed
-
Kindle sales soar but Amazon mum on actual numbers
-
Wall Street Beat: IPOs, M&A, chip news stir tech optimism
-
Excel 2007 All-In-One Desk Reference for Dummies
-
Office 2007 for Dummies
-
Computers for Seniors for Dummies, 2nd Edition
-
MYOB Software for Dummies 6E Australian Edition
-
Windows 7 for Seniors for Dummies®
-
Teach Yourself Visually Windows 7
-
Windows 7 for Dummies® Dvd+book Bundle
-
Office 2007 All-In-One Desk Reference for Dummies
-
Windows 7 for Dummies®









Comments
Post new comment