German software developer SAP AG (NYSE: SAP) today announced its intention to acquire Datango AG, a German provider of workforce performance support software. The transaction, scheduled to close during the first quarter of 2012, is subject to the usual regulatory approvals. The companies did not disclose financial terms.
SAP is gaining a broader software portfolio in the education space, since Datango’s solutions provide content development, translation and deployment capabilities for electronic training, documentation, and user support.
Ownership of this asset could enable SAP to develop valuable integration with other SAP tools, which could help its customers to lower their total cost of ownership (TCO), significantly facilitate end-user enablement in a scalable way and accelerate end-user adoption.
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Headquartered in Berlin, Datango was founded in 1999 and has a long-standing and productive relationship with SAP. Datango’s software has been deployed in the SAPBusiness ByDesig solution. SAP said that together the companies will capitalize on a trend in education software of creating applications that contain tools for authors, such as e-collaboration, along with self-help scenarios and auto-teaching functions.
According to the company, the workforce performance tools market has become increasingly strategic and critical to its customers’ success.
SAP is basing its near-term growth on mobile, big data and cloud computing, with a goal of achieving U.S. $27.4 billion (20 billion euros)Â in revenue by 2015. To reinforce its strategy of going beyond traditional enterprise resource planning tools, last December SAP acquired SuccessFactors (NYSE: SFSF), a provider of cloud-based human capital management solutions, for U.S. $40 per share in cash, or about $3.4 billion.
