SAP Cuts Its Losses

By Michael Hickins  |  Posted 2007-11-19 Email Print this article Print
 
 
 
 
 
 
 

WEBINAR: On-demand webcast

Take Advantage of Cloud Backup to Kick-Start Your Disaster Recovery REGISTER >

Heads roll at TomorrowNow as SAP tries to reassure customers in the aftermath of Oracle's suit.

The other shoe has dropped in the ongoing legal battle between software applications giant SAP and Oracle, its fierce competitor.

SAP announced Nov. 19 that Andrew Nelson, the CEO of its embattled subsidiary, TomorrowNow, has chosen to resign, along with several other senior managers.

SAP also announced that it is considering several options for the subsidiary, including a possible sale.

TomorrowNow is a services company specializing in PeopleSoft that was acquired by SAP as a response to Oracle's acquisition of popular ERP (enterprise resource planning) vendor PeopleSoft.

SAP said that it will ensure that current obligations to customers are met.

Read the full story on eWEEK.com: SAP Cuts Its Losses

 
 
 
 
 
 
 
 
 
























 
 
 
 
 
 

Submit a Comment

Loading Comments...
























 
 
 
 
 
 
 
 
 
Thanks for your registration, follow us on our social networks to keep up-to-date