SAP has acquired Highdeal, which sells real-time billing and pricing software for telecommunications companies and other high-volume, subscription-oriented businesses.
SAP wants to use Highdeal's software to provide customers with a packaged consume-to-cash business process platform to support high-volume billing, according to a press release. Highdeal's software functionality includes pricing, rating and charging.
The acquisition, as Forrester Research analyst Paul Hamerman sees it, is a move to counter Oracle's prior acquisitions of a similar industry-specific nature, such as Portal Software.
"Whereas SAP and Oracle have been very successful in selling ERP applications for core functions such as finance across many industries, industry-specific applications targeting the revenue stream are very strategic for them," Hamerman said in an email response. "This acquisition by SAP appears to be dictated by competitive pressures and time-to-market considerations."
Highdeal has more than 200 implementations in more than 50 countries in the utilities, media, financial services, high tech, transportation and logistics markets. Among its customers are AOL and Ericsson, according to its website.
The Highdeal acquisition is consistent with SAP's strategy of complementing existing applications with purchases of innovative technologies and capabilities, the press release stated.
"By integrating Highdeal's next-generation rating and charging solution with SAP's leading billing solutions, SAP plans to deliver a robust, event-driven solution to manage the complete consume-to-cash process across business networks," Bob Stutz, corporate officer and member of SAP's executive council, said in the release.
Highdeal has 90 employees in Paris, New York, London, Miami and Singapore. The acquisition should be completed in June. Terms and purchase price were not disclosed.