TITLE

SAP ADDS KHIMETRICS TO ASSETS

AUTHOR(S)
Neel, Dan
PUB. DATE
November 2005
SOURCE
CRN;11/28/2005, Issue 1173, p6
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article states that Walldorf, Germany-based SAP AG has acquired Scottsdale, Arizona-based Khimetrics Inc. Khimetrics, a privately held company, makes software that supercharges a retail environment by providing insight into the most profitable way to price and position products on the shelf. Rick Chavie, senior vice president of industry solution management for the retail and wholesale sector at SAP AG, said that the is result improved margins, increased demand, better profitability forecasts and more customer retention. Khimetrics software is a natural extension to the SAP for Retail product and will be immediately integrated when the deal closes in January 2006.
ACCESSION #
19152543

 

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