Software giant SAP is acquiring CogHead following its collapse. CogHead, which provides a web-based software editing service, will cease operating and most of its staff will join SAP.
SAP is buying CogHead’s intellectual assets and will not take on the firm’s customers. Rival software editing services Caspio, TrackVia and Intuit are courting the defunct company’s former subscribers.
German firm SAP formerly held a stake in CogHead through its investment arm SAP Ventures.
StrategyEye's related categories: Utility Computing, Web Applications - Back Office Applications
StrategyEye's related companies: TrackVia, SAP, Intuit, Coghead
Most Recent Technology Articles
- Google Brings Local Business Coupons to U.S. Mobile Users
- Swype bringing ‘genius texting’ interface to Verizon Samsung Omnia II next month, Android on the way
- Google prepares to launch Chrome extensions
- Services, Cost Cutting Delivers Solid Quarter for HP
- HP Triples Stock Buyback Plan, Profit Up 14 Percent
