SAP invests in Indian software company Newgen
SAP Ventures, the venture arm of business software corporation SAP, has made an investment of undisclosed size in Newgen Software Technologies, according to VentureWire. New Delhi, India-based Newgen offers software to manage business processes and content in a number of industries, including financial services, telecom, manufacturing and government.
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About the Author, Anthony Ha
Anthony is VentureBeat's assistant editor, as well as its reporter on enterprise technology, cloud computing, and tech policy. Before joining VentureBeat in 2008, Anthony worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. He attended Stanford University and now lives in San Francisco. Reach him at anthony@venturebeat.com. You can also follow Anthony on Twitter.