SAP Agrees To Buy Business Networker Crossgate

Law360, New York (September 20, 2011, 5:17 PM EDT) -- German software company SAP AG said Tuesday it had struck a deal to buy business-to-business e-commerce provider Crossgate for an undisclosed sum.

Crossgate, already a working partner with SAP, provides integration services to businesses, smoothing electronic data exchange between companies regardless of their technical capabilities, according to a statement issued by the companies. SAP plans to use Crossgate's expertise to help customers collaborate, share data and automate processes.

SAP likened Crossgate's potential impact on business relationships to the impact social networking sites like Facebook and Twitter...
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