SAP is acquiring Pittsburgh-based SmartOps, a provider of inventory and service-level optimization software solutions. The size of the deal is being kept confidential.
As part of the acquisition, SmartOps employees will join SAP. The transaction is expected to close during the first quarter of 2013, subject to customary closing conditions.
Founded in 2000, SmartOps released its first product in 2001. The company has had a formal business relationship with SAP since 2006 and for the last four years has been a part of the program for solution extensions at SAP.
The acquisition paves the way for SAP to develop “real-time supply chain” software solutions, leveraging the SAP HANA platform, says the company.