029 Group SE

M&A Activity • Sep 16, 2004

News Details

Ad-hoc | 16 September 2004 15:43

SAP SI sells Swiss and US subsidiaries to SAP AG

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– SAP SI sells Swiss and US subsidiaries to SAP AG Dresden, September 16, 2004. SAP Systems Integration AG (SAP SI) is to focus on its core German market. Against this background, the company has sold all shares in SAP Systems Integration (Schweiz) AG, Regensdorf, Switzerland, and in SAP Systems Integration America Holding Inc., Atlanta, USA (SAP SI America Holding), to SAP Aktiengesellschaft Systeme, Anwendungen, Produkte in Datenverarbeitung (SAP), effective October 1, 2004. The disposal of SAP SI America Holding will also result in the transfer of wholly owned subsidiary SAP Systems Integration America LLC, Atlanta, USA, to SAP. Further information Joachim Mueller CFO SAP SI AG +49 6251 708-2020 investor@sap-si.com end of ad-hoc-announcement (c)DGAP 16.09.2004 ——————————————————————————– WKN: 501111; ISIN: DE0005011118; Index: TecDAX, NEMAX 50 Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München, Stuttgart 161543 Sep 04