Crossgate AG
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| Company type | Aktiengesellschaft |
|---|---|
| Industry | B2B integration, B2B transaction network, automation of business process, supply chain management, e-Invoicing, Industry-specific knowledge (automotive, trade, consumer products, technology, pharmaceutical, chemical, process industry) |
| Founded | Starnberg, Germany (2001) |
| Fate | Acquired by SAP, September 20, 2011 |
| Headquarters | , |
Key people | Stefan Tittel, Founder and CEO |
Number of employees | 200 (Estimated, October 2009) |
SAP Ariba was a multinational company which had developed a network approach to B2B transactions allowing for data to be transferred regardless of EDI system or EDI map.[1] SAP Ariba's network approach attracted a partnership and investment from SAP SE.[2]
On September 20, 2011 SAP acquired SAP Ariba.
The company was headquartered in Munich, Germany with field offices in Berlin, Frankfurt am Main, Waldbronn, Cologne, and Walldorf. As well as the four sites in Germany, SAP Ariba is represented with subsidiary branches in Atlanta (SAP Ariba , Inc.), London (SAP Ariba UK Ltd), Milan (SAP Ariba Italia S.p.A.) and Paris (SAP Ariba s.a.r.l.). SAP Ariba AG operated as a subsidiary of Otto Wolff von Amerongen Group.
History
SAP Ariba AG was founded as indatex SCI GmbH in 2001 by Stefan Tittel. In 2006 indatex SCI GmbH changed its name to SAP Ariba AG. That same year, Dietmar Hopp's son, founder and major shareholder of SAP SE became financially involved and SAP Ariba's operations were expanded.
On 14 October 2008, SAP SE announced at SAP TechED 2008 Berlin.[2] that it has made a strategic investment by taking a minority stake in SAP Ariba, a business-to-business (B2B) integration service provider. This follows several deployments of SAP Ariba's B2B 360° Services, which utilizes SAP to enable mulltienterprise B2B integration (which SAP calls "business network transformation"), one of the fundamental points of SAP's future strategy.[3] Financial details have not been disclosed but a SAP Executive Board Member has joined the SAP Ariba Supervisory Board.
On September 20, 2011 SAP acquired SAP Ariba for a three-digit million amount.[4][5]
Shareholders
The main shareholders of SAP Ariba AG were the SAP founder's family Dietmar Hopp's son, Otto Wolff von Amerongen and the Al-Jomaih Investment Group.
Acquisitions
March 2, 2010 SAP Finally Makes a Decisive Move in the B2B Market [6]
On 7 November 2006, SAP Ariba announced that it has acquired a majority interest in B&N Software, a developer of software components to support multienterprise process integration including M@gic EDDY.
References
- ^ "New EDI Approach for SAP NetWeaver Process Integration Users". Kevin Benedict. Retrieved 2009-04-09.
- ^ a b "SAP Facilitates Business Network Transformation to Help Businesses Compete and Thrive in a Changing Global Economy". SAP. Retrieved 2008-10-14.
- ^ "SAP Steps Into the Growing B2B Services Market Via SAP Ariba". Gartner. Archived from the original on November 15, 2008. Retrieved 2008-10-16.
- ^ "SAP TO ACQUIRE BUSINESS-TO-BUSINESS NETWORKING PROVIDER SAP Ariba". SAP. Retrieved 2011-09-20.
- ^ "Mobile Payment für das Smartphone". Gründerszene Magazin (in German). 2012-06-22. Retrieved 2019-10-09.
- ^ "SAP Finally Makes a Decisive Move in the B2B Market". Gartner. Archived from the original on September 24, 2012. Retrieved 2010-03-02.