SAP NetWeaver® Fund Makes Strategic Investment in ArisGlobal
Companies to Co-Innovate Solutions for the Life Sciences Industry
AMSTERDAM, The Netherlands - October 17, 2006 - Delivering on its commitment to help customers and partners experience the business value of enterprise service-oriented architecture (enterprise SOA), SAP AG (NYSE: SAP) today announced it has made a minority investment in ArisGlobal Holdings LLC (ArisGlobal), a leading provider of pharmacovigilance and safety, registration information management, clinical trials management and medical communications software solutions to the pharmaceutical, biotechnology, medical device and clinical research organization (CRO) markets. Today’s announcement marks the second investment for SAP’s $125 million global SAP NetWeaver® Fund and underscores SAP’s commitment to fuel the development of innovative solutions built on the SAP NetWeaver® platform. The announcement was made at the EMEA Enterprise Services Partner Summit, being held today in Amsterdam.
“As part of the SAP ecosystem, ArisGlobal is committed to delivering innovative solutions that take advantage of the SAP NetWeaver platform,” said Deepak Abbhi, CEO of ArisGlobal. “Together, SAP and ArisGlobal have made a commitment to co-innovate and will develop and execute a joint road map that is based on the SAP NetWeaver platform and that brings unparalleled value to our combined customer base. This investment will enable us to accelerate our growth and development on the SAP NetWeaver platform.”
ArisGlobal software helps companies meet international regulatory requirements, manage risk, improve operational efficiencies and easily share mission-critical information on a global basis. The company received “Powered by SAP NetWeaver®” status for ArisGlobal Register™, its comprehensive registration and regulatory submission tracking software that enables customers to track all registration and on-going submissions, as well as maintain critical product data, such as formulations, indications, packaging, release specifications, manufacturing procedures and other detailed product information required for global regulatory and QA compliance. As ArisGlobal Register is now a “Powered by SAP NetWeaver” solution, customers can rapidly deploy Register within environments using the SAP NetWeaver platform and access Register functionality within SAP NetWeaver® Portal. ArisGlobal has offices in the United States, U.K. Germany, India and Japan; Its software solutions are used by more than 100 life science companies including major pharmaceutical companies around the world.
“Like SAP, ArisGlobal has a significant presence in the life sciences industry and a strong portfolio of products, including its flagship solutions in pharmacovigilance and safety,” said Emiel van Schaik, head of Industry Solution Management for Consumer Products and Life Sciences, SAP. “We believe that ArisGlobal’s Register product, now ‘Powered by SAP NetWeaver’ certified, is positioned to take the lead in this emerging market. We look forward to continuing to co-innovate with ArisGlobal for the benefit of our mutual customers.”
SAP NetWeaver Fund
The SAP NetWeaver Fund was established in May 2006 and focuses on strategic investments in select companies that are committed to the SAP ecosystem and are building innovative solutions based on the SAP NetWeaver platform. Opening up the platform to encourage development and co-innovation has been a key driver for SAP in recent years, and the formation of the SAP NetWeaver Fund represents yet another investment in SAP’s growing ecosystem. Financed out of SAP’s corporate development funds, the $125 million SAP NetWeaver Fund complements the efforts of SAP’s venture arm, SAP Ventures, and is managed jointly by Zia Yusuf, executive vice president of Platform Ecosystem at SAP, and Jim Mackey, head of Corporate Finance at SAP.
There are currently more than 400 “Powered by SAP NetWeaver” solutions and more than 1,000 independent software vendors (ISVs) actively developing on the SAP NetWeaver platform today.
EMEA Enterprise Services Partner Summit
The EMEA Enterprise Services Partner Summit is the opening event of SAP TechEd ’06 in Amsterdam and provides SAP’s software solution provider and implementation partners with an opportunity to learn more about the services, resources and programs available within the SAP ecosystem. For more information on the EMEA Enterprise Services Partner Summit, please visit http://www.enterpriseservicesforum.com
SAP® TechEd ’06 in Las Vegas, Tokyo, Amsterdam and Bangalore
More than 15,000 SAP customers, partners and technical community are convening at SAP® TechEd ’06 to learn how to transform existing business processes and IT landscapes and take advantage of the power and flexibility of enterprise service-oriented architecture. Celebrating its 10th anniversary, SAP’s largest ecosystem education event of the year offers more than 900 hours of lecture-driven and hands-on sessions. Following successful events in Las Vegas, Nevada, Sept. 12 – 15, and Tokyo, Japan, Oct. 5 – 6, SAP TechEd is being held in Amsterdam, Oct. 18 – 20 and Bangalore, India, Nov. 8 – 10, 2006. For more information, please visit www.sapteched.com.
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