SAP buys Crossgate for B2B integration tools

SAP said on Tuesday that it will acquire Crossgate, which provides hosted B2B integration services.

Crossgate builds services that allow multiple trading partners to exchange data even if they have different technology platforms. With the move, SAP is looking to provide a market to connect customers to business partners.

Crossgate, based in Munich, Germany, is already a partner of SAP. SAP invested in Crossgate in 2008 and resells its content engine. Overall, Crossgate has about 40,000 business partners that are linked together via electronic invoicing services.

For more on this ZDNet UK-selected story, see SAP acquires Crossgate, eyes B2B e-commerce networks on ZDNet.com.