Deals

SAP acquires Syclo to make businesses more mobile

SAP, a customer relationship and business management software company, has acquired mobile business service provider Syclo, the company announced Tuesday. Details, including purchase price, were not disclosed.

With the bring-your-own device movement gaining steam, it’s no surprise that SAP snatched up Syclo. Tons of businesses are using iPads and smartphones in day-to-day operations on the go, and mobile app for business-use are popping up left and right. SAP is hoping to offer even more mobile services to business with Sylco’s existing technology.

Syclo, which has been around for 12 years, builds mobile apps for business employees and consumers. Most of its apps are aimed at field service workers, such as inspectors, utility workers, or contractors. People with jobs like these take devices with them on the go and need to access data away from a computer.

SAP and Syclo have partnered for the last four years to offer apps that work on both systems. One product is Syclo’s SMART Mobile Suite for SAP, which is a set of pre-built mobile apps for asset maintenance, inventory management, and time tracking.

“With this acquisition, SAP adds momentum to our already powerful mobile portfolio, advancing our vision and leadership while accelerating our mobile apps,” said SAP’s president Sanjay Poonen in a statement. “Syclo brings both domain-savvy expertise and industry-leading solutions, as recognized by customers and analysts. This will drive innovation and mobility in the workplace.”

Per the terms of the deal, Syclo’s technology will integrate with SAP’s mobile platform as well as SAP Afaria, a mobile security and device management system. All of Syclo’s employees will join SAP’s team.

Business man with laptop image via Shutterstock