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SAP AG invests in U.S. software company
Big News Network.com
Tuesday 15th August, 2006 (UPI)
Germany's SAP AG has invested $125 million in California's Questra Corp., an intelligent device management company.
This investment will enable Questra to accelerate development of additional SAP xApps Certified solutions and ramp-up our sales and marketing organization to address the joint customer opportunities, the U.S. company said Tuesday.
Questra, based in Redwood City, Calif., and SAP recently developed an application that lets manufacturers monitor remote devices and automatically generate service notifications.
SAP has about 34,600 business software customers in more than 120 countries.
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