SAP sells database business rights

May 27, 2003

[From Reuters UK]

Europe's biggest software maker SAP says it is withdrawing from its database business, selling the commercial rights to its SAPDB software product to Swedish database developer MySQL AB.

MySQL would take over the rights for SAPDB and distribute the database software worldwide under its own name from the fourth quarter of 2003, an SAP spokesman said, confirming a report by Handelsblatt.

Neither partner wished to comment on financial details.

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