Enterprise resource planning giant, SAP AG yesterday became the latest software vendor to announce an investment in Linux distributor, RedHat Software Inc. The German software giant said Tuesday that its SAP Venture Fund division had made an equity investment in RedHat, although it did not disclose how big the investment was. Endorsing the move, Howard Lau, executive VP of SAP Venture Fund said the division only gave money to companies whose technology would have a significant impact and benefit for SAP customers. "Linux is becoming a significant force in the industry. We expect it to emerge as an attractive platform for enterprise computing, and Red Hat is a leading Linux distributor," he said.
The news comes just weeks after SAP - somewhat late in the day compared to other software vendors - announced that it would port its R/3 ERP application to RedHat Linux. At the time, a spokesperson for SAP denied it was going to make any investment in the company, but apparently it's now changed its mind and decided to follow in the footsteps of Computer Associates, IBM, Novell, Oracle, and Compaq and give financial backing to the free OS distributor.
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