Recently, SAP announced solid results for Q4 2001, in contrast to the current soft market. Although not all troubles seem to have been left behind, as can be seen from reduced license revenue, and while some may question SAP's justification of merging its two subsidiaries, a positive sign is that SAP has meanwhile become much more nimble to spar with any disturbance factors.
people soft 2001
employ more than 1,700 people worldwide, and share approximately 5,000 customers. Shai Agassi, current CEO of SAP Portals, will head the new company, while Hasso Plattner, CEO of SAP Markets (and co-CEO of SAP), will serve as chairman of the new company's board. Integration of the two subsidiaries is scheduled for completion by 31 March 2002. Financial Results On the same day, SAP also announced its preliminary results for the fourth quarter and year ended December 31, 2001. In the fourth quarter,