SAP has acquired Virsa Systems, a compliance management specialist.
Virsa Systems’ technology helps centralise and standardise data compliance and risk management processes over mixed IT systems.
Virsa is already a SAP partner and has standardised its products on SAP’s Netweaver development and operations suite.
SAP has also been reselling Virsa’s Compliance Calibrator flagship product, which customers can bolt on to their mySAP ERP suites.
The two companies already share about 150 customers through their joint marketing efforts.
Shai Agassi, president of the SAP product and technology group, said, “Leading companies are looking to adopt an integrated view of governance, risk and compliance, instead of the current reactive and fragmented approach.”
SAP has not disclosed the cost of the acquisition, which it expects to complete next month.
SAP says it expects Virsa’s 250 employees to join its US operations.