SAP to Form Pact With Yahoo

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FRANKFURT — Germany’s SAP AG today will announce an alliance with Yahoo! Inc. as part of its latest effort to turn itself into an Internet software company.

SAP (SAP) plans to form a separate U.S.-based subsidiary, called SAP Portals, to provide software and services that help large corporations set up Web sites for employees, customers or suppliers, people familiar with SAP’s plans said.

Yahoo (YHOO) will supply news, stock quotes, flight schedules and other information that SAP Portals can offer its customers, these people said.




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