SAP has announced plans to acquire Ticket-Web GmbH & Co. KG, a provider of ticketing solutions and niche customer relationship management (CRM) software for sports and entertainment promoters. Ticket-Web employees will become part of SAP, and the deal is expected to close during the second quarter of 2013. The move is expected to pave the way for SAP to offer enhanced solutions to help promoters, venues, and teams market events over the Internet and better support arena management. Based in Wildau, Germany, Ticket-Web is established in Europe with its main product, ENTREE-tickets, an online ticketing service. The company also has niche complementary solutions for customer financial process management and CRM.
One of the major announcement sets at the recently held joint SAPPHIRE NOW and SAP TechEd event in Madrid, Spain, November 13-16, 2012, was about SAP’s plans to infuse SAP innovations into the world’s most powerful business network, Ariba Network. Through the recent combination of SAP and Ariba, close to 1 million companies are now connected to the Ariba Network—more than any other trading network. The introduction of SAP innovations in social, mobile, and cloud and the in-memory technology of the SAP HANA platform should logically drive global business-to-business (B2B) collaboration and achieve even higher levels of efficiency in sales, procurement, invoice, and payment processes as well as insights through the business network.