SAP to acquire Khimetrics

By Dawn Kawamoto
Staff Writer, CNET News

Related Stories: RightNow targets Siebel customers
November 16, 2005; Oracle links retail, accounting packages
November 1, 2005; SAP challenges Oracle's Air Force contract
November 1, 2005

SAP AG announced Tuesday plans to acquire retail software maker Khimetrics, a privately held start-up that develops analytical pricing and forecasting technologies that will bolster SAP's presence among retailers.

SAP's pending acquisition of Khimetrics comes months >after it lost a bidding war against Oracle for retail software maker Retek. SAP plans to enlarge its retail software suite with Khimetrics' revenue management and pricing software. Financial terms were not disclosed and the deal is expected to close in January.

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SAP AG, Retek Inc., Oracle Corp., software company, pricing

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