News Briefs

SAP To Buy MaXware

14 May 2007

SAP AG (NYSE: SAP) has agreed to acquire MaXware AS, a Trondheim, Norway-based developer of identity management software. No financial terms were disclosed. MaXware raised $5 million in late 2005 from Verdane Capital and Viking Venture Management. www.sap.com www.maxware.com

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