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SAP Ramps Up Online Software Strategy

Stock quotes in this article: SAP , ORCL , CRM , MSFT , IGV  

SAN FRANCISCO -- Business software developer SAP(SAP Quote) intends to build a line of online software for large businesses.

SAP said Tuesday that it hired Oracle(ORCL Quote) veteran John Wookey to head Large Enterprise On Demand, a new strategy for the dominant supplier of software applications for big business.

Wookey previously led the development of a major Oracle middleware and applications project known as Fusion until October 2007, when he was replaced. Fusion middleware integrates Oracle software with applications from multiple vendors the company has acquired in recent years.

An SAP spokeswoman declined to disclose whether Wookey's contract with Oracle contained a non-compete clause. Wookey will be based in SAP's Palo Alto, Calif., office. The size of his team has yet to be determined. "We're just excited to get him on board," said Lindsey Held Bolton. ...

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