SAP Announces First Investment for Global SAP NetWeaver Fund
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[August 21, 2006]

SAP Announces First Investment for Global SAP NetWeaver Fund

TMCnet Contributing Editor
 
SAP AG has made an investment in Questra Corporation which marks the first investment for SAP’s (News - Alert) $125 million global SAP NetWeaver Fund.


 
With the investment, Questra can accelerate development of SAP xApps Certified solutions and ramp-up their sales and marketing organization to address the joint customer opportunities.


 
Emil Wang, CEO of Questra, said in a press release that this investment is an endorsement of their commitment to deliver innovative composite applications to their joint customers and their mutual interest in developing powerful enterprise services.

Questra recently received “SAP xApps Certified – Powered by SAP NetWeaver” status for the Questra RemoteService Composite Application.
 
Established in May 2006, the SAP NetWeaver Fund focuses on strategic investments in select companies that choose to leverage the SAP ecosystem and build innovative solutions based on the SAP NetWeaver platform.
 
For more information, visit SAP or Questra
 
-----
 
Anuradha Shukla is a contributing writer for TMCnet covering call centers, CRM and information technology.
 

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