Monday, April 03, 2006

SAP Snaps Up Virsa Systems To Enhance Compliance Story (AMR)

Virsa Systems, the business controls compliance vendor that made its name untangling segregation of duties (SOD) issues for SAP customers, is soon to join SAP permanently. The acquisition is set to close in May; financial terms were not disclosed. In our compliance profiles research in 2005, we estimated that Virsa’s FY05 revenue would be approximately $40M.

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