SAP NetWeaver Fund Makes Investment in Visiprise
The SAP NetWeaver fund announced a minority investment in Visiprise today. This is the fund's 3rd investment (after Questra - I posted here - and ArisGlobal Holdings). Unclear how much the investment was, but SAP has said previously that investments from the $125M SAP NetWeaver fund would be less than $5M each. Other investors in Visiprise include: Investor Growth Capital , RRE Ventures, Wheatley Partners, Credit Suisse First Boston, Westbury Partners, Morgan Stanley, Canaan, Foundation Capital.
Visiprise, based in Atlanta, makes software for manufacturing companies in the aerospace, defense, and medical industries, among others. It has around 200 customers, including Boeing Commercial Aircraft Group, Northrop-Grumman, and BAE Systems. - InfoWorld
Visiprise had been already been working with SAP in the Industry Value Network for High Tech.
To address the specific needs of high-tech manufacturers, members of the high-tech IVN are initially collaborating to develop solutions around manufacturing execution, product compliance, price management and service parts management.
Driven heavily by customer participation and SAP’s deep industry expertise, these networks bring together customers, partners and SAP to co-innovate and quickly develop solutions to solve industry-specific customer challenges. The solutions developed through these IVNs will leverage the SAP NetWeaver® platform to create end-to-end business solutions while avoiding costly integration projects between software from partners and SAP solutions through the usage of enterprise services. The end result will enable customers to extend and enrich their investments in SAP® solutions, helping optimize asset utilization and lower IT investment risk. - SAP press release
[SAP][NetWeaver Fund][Visiprise]
Visiprise, based in Atlanta, makes software for manufacturing companies in the aerospace, defense, and medical industries, among others. It has around 200 customers, including Boeing Commercial Aircraft Group, Northrop-Grumman, and BAE Systems. - InfoWorld
Visiprise had been already been working with SAP in the Industry Value Network for High Tech.
To address the specific needs of high-tech manufacturers, members of the high-tech IVN are initially collaborating to develop solutions around manufacturing execution, product compliance, price management and service parts management.
Driven heavily by customer participation and SAP’s deep industry expertise, these networks bring together customers, partners and SAP to co-innovate and quickly develop solutions to solve industry-specific customer challenges. The solutions developed through these IVNs will leverage the SAP NetWeaver® platform to create end-to-end business solutions while avoiding costly integration projects between software from partners and SAP solutions through the usage of enterprise services. The end result will enable customers to extend and enrich their investments in SAP® solutions, helping optimize asset utilization and lower IT investment risk. - SAP press release
[SAP][NetWeaver Fund][Visiprise]
posted by Mark Crofton at
4:23 PM
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