Enterprise software maker buys Praxis Software Solutions
vnunet.com, 11 Jul 2006
SAP has acquired Praxis Software Solutions in an effort to create an integrated enterprise resource planning and e-commerce suite for small and medium-sized enterprises.
Praxis is a long time SAP partner. Its software lets users set up and manage e-commerce stores using data from SAP's Business One application.
Praxis touts the suite's ability to run online marketing campaigns as well as to increase cross sales and up sales.
Although the application is accessed through a web interface, users run the software on their own web and database servers. SAP plans to integrate the software into its SAP Business One suite for SMEs.
E-commerce software for SME users has been a sweet spot for hosted software vendors including Salesforce.com and NetSuite.
Privately held Praxis is based in Minnesota and currently has about 100 customers. Terms of the transaction were not disclosed.
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