Sap AG Announces Plans To Acquire SmartOps

Friday, 22 Feb 2013 07:34pm EST 

Sap AG announced plans to acquire SmartOps, a provider of inventory and service-level optimization software solutions. SmartOps provides key operating parameters and targets for supply chain management (SCM) planning. part of the acquisition, SmartOps employees will join SAP. The transaction is expected to close during the first quarter of 2013. The financial terms of the acquisition were nit disclosed. 

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