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Sap AG To Acquire Ticket-Web GmbH & Co. KG
Sap AG announced plans to acquire Ticket-Web GmbH & Co. KG, a provider of ticketing solutions and niche customer relationship management software (CRM) for sports and entertainment promoters. The move paves the way for SAP to offer enhanced solutions to help promoters, venues and teams market events over the Internet and better support arena management. Ticket-Web employees will become part of SAP. The deal is expected to close during the second quarter of 2013. Terms of the transction were not disclosed.
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