Homo SAPiens; Face value.(SAP AG)(Company overview)

Economist (US), The, October, 2006

Henning Kagermann defends his steering of Germany's business-software juggernaut

TAUNTS from Larry Ellison of Oracle, a big Silicon Valley software firm, cut no ice with Henning Kagermann, the boss of SAP, a rival software giant based in Walldorf, Germany. Last month Mr Ellison made wild claims that his firm had outperformed SAP tenfold and had established a two-year lead because of SAP's delays. He also claimed that SAP was abandoning its strategy of organic growth. Mr Kagermann did not respond personally, as Mr Ellison would no doubt have wished. Instead, his firm issued a statement denouncing Oracle's "complete misrepresentation" of the facts, and left analysts at Citigroup and Dresdner Kleinwort to pour scorn on Oracle's claims. Last week, when SAP...

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