Thursday, May 18, 2006

WSJ.com - SAP Seeks to Enhance NetWeaver

WSJ.com - SAP Seeks to Enhance NetWeaver: "SAP AG will today announce it is launching a $125 million fund to encourage software makers to build applications on its NetWeaver platform, which acts as the connective tissue between different kinds of software.
SAP, of Walldorf, Germany, already has a venture arm, SAP Ventures, but the new fund, known as the NetWeaver Fund, will operate separately, funded by SAP's corporate-development budget and run jointly in its Newton Square, Penn., and Palo Alto, Calif. offices."
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