SAP Announces Strategic Investment in Questra Corporation

SAP AG (NYSE: SAP) today announced it has made an investment in Questra Corporation, a leader in intelligent device management (IDM). Today’s announcement marks the first investment for SAP’s $125 million global SAP NetWeaver® Fund and underscores SAP’s commitment to fuel the development of innovative solutions built on the SAP NetWeaver platform.

Questra, based in Redwood City, California, recently received “SAP® xApps™ Certified – Powered by SAP NetWeaver” status for the Questra RemoteService™ Composite Application. Developed in conjunction with joint SAP and Questra customer Heidelberger Druckmaschinen AG, the Questra composite application enables manufacturers to monitor remote devices and automatically generate service notifications in their SAP Service and Asset Management solution.

“Questra is actively engaged in the SAP ecosystem and has already gained significant traction around delivering solutions that take advantage of the SAP NetWeaver platform,” said Emil Wang, CEO of Questra. “We are pleased to receive the first investment from the SAP NetWeaver Fund and view this commitment from SAP as an endorsement of our commitment to deliver innovative composite applications to our joint customers and our mutual interest in developing powerful enterprise services. This investment will enable Questra to accelerate development of additional SAP xApps Certified solutions and ramp-up our sales and marketing organization to address the joint customer opportunities.”

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