Deutche Telekoms take over of SAP businesses approved

German regulators have approved Deutsche Telekom's takeover...

German regulators have approved Deutsche Telekom's takeover of SAP's hosting business in Europe.

The business will be merged with DT's €9.3bn services arm T-Systems which will migrate SAP system supportfor some 90 large and medium-sized customers to its own data centres.

The transaction will not involve any transfer of staff or fixed assets, DT said.

T-Systems already provides online customised SAP services to groups such as Shell, MAN and Linde via Deutsche Telekom's network.

Terms of the deal were not disclosed.

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