Crossgate AG was a multinational company which had developed a network approach to B2B transactions allowing for data to be transferred regardless of EDI system or EDI map. Crossgate's network approach attracted a partnership and investment from
SAP SE
Sap is a fluid transported in the xylem cells (vessel elements or tracheids) or phloem sieve tube elements of a plant. These cells transport water and nutrients throughout the plant.
Sap is distinct from latex, resin, or cell sap; it is a s ...
.
On September 20, 2011, SAP acquired Crossgate.
The company was headquartered in Munich, Germany with field offices in Berlin, Frankfurt am Main, Waldbronn, Cologne, and Walldorf. As well as the four sites in Germany, Crossgate is represented with subsidiary branches in Atlanta (Crossgate, Inc.), London (Crossgate UK Ltd), Milan (Crossgate Italia S.p.A.) and Paris (Crossgate s.a.r.l.). Crossgate AG operated as a subsidiary of Otto Wolff von Amerongen Group.
History
Crossgate AG was founded as Indatex SCI GmbH in 2001 by
Stefan Tittel. In 2006 Indatex SCI GmbH changed its name to Crossgate AG. That same year,
Dietmar Hopp's son, founder and major shareholder of
SAP SE
Sap is a fluid transported in the xylem cells (vessel elements or tracheids) or phloem sieve tube elements of a plant. These cells transport water and nutrients throughout the plant.
Sap is distinct from latex, resin, or cell sap; it is a s ...
became financially involved and Crossgate's operations were expanded.
On 14 October 2008, SAP SE announced at
SAP TechED
Sap is a fluid transported in the xylem cells (vessel elements or tracheids) or phloem sieve tube elements of a plant. These cells transport water and nutrients throughout the plant.
Sap is distinct from latex, resin, or cell sap; it is a sep ...
2008 Berlin.
that it has made a strategic investment by taking a minority stake in Crossgate, a business-to-business (B2B) integration service provider. This follows several deployments of Crossgate's B2B 360° Services, which utilizes SAP to enable mulltienterprise B2B integration (which SAP calls "business network transformation"), one of the fundamental points of SAP's future strategy. Financial details have not been disclosed but a SAP Executive Board Member has joined the Crossgate Supervisory Board.
On September 20, 2011, SAP acquired Crossgate for a three-digit million amount.
Shareholders
The main shareholders of Crossgate AG were the SAP founder's family
Dietmar Hopp's son,
Otto Wolff von Amerongen
Otto Wolff von Amerongen (6 August 1918 – 8 March 2007) was an influential German businessman, who chaired Otto Wolff AG, one of the largest trading groups in West Germany.
His father was industrialist Otto Wolff, his mother Elsa von Amerongen ...
and the Al-Jomaih Investment Group.
Acquisitions
March 2, 2010 SAP Finally Makes a Decisive Move in the B2B Market
On 7 November 2006, Crossgate announced that it has acquired a majority interest in B&N Software,
a developer of software components to support multienterprise process integration including M@gic EDDY.
References
External links
English Website
{{DEFAULTSORT:Crossgate Ag
Software companies of Germany
Companies established in 2001
Companies based in Munich