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Infoworld: SAP AG is buying its way into providing on-demand supplier relationship management (SRM) software through the planned all-cash purchase of Frictionless Commerce Inc. announced Wednesday.

SAP didn't disclose any financial details about the transaction, which it announced at its U.S. Sapphire user conference in Orlando. The company expects to close the deal in July.

The Frictionless software already integrates with mySAP SRM, allowing customers to migrate between on-demand and on-premise SRM, SAP executives said.

The news comes the same day that SAP announced its first hybrid CRM (customer relationship management) software with the release of SAP CRM 2006s suite. The idea is that users can move between hosted CRM and on-premise CRM as their needs change, according to Shai Agassi, president of SAP's product and technology group,

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SAPPHIRE 2006: New On-Demand SRM Offering through Acquisition of Frictionless Commerce... Quick news from SAP's Press Conference: Shai Agassi has just announced the all-cash acquistion of Frictionless Commerce, a leading Supplier Relationship Management (SRM) software provider.A As a result of the acquistion, On-Demand SRM will be the seco...----- -------- [Read More]

Tracked on May 17, 2006 04:00 PM