SAP to invest $2 billion in China expansion

SAP announced on Tuesday it will spend more than $2 billion over the next four years to expand its business in China, with plans to almost double the number of employees it has in the nation.

The $2 billion represents an entirely new investment from SAP aimed at increasing the company's presence in a key market, according to company spokeswoman Lynn Ong. SAP currently has 2,600 employees in China, with offices and labs in Beijing, Shanghai and other smaller cities.

Source: http://www.infoworld.com/d/the-industry-standard/sap-invest-2-billion-in-china-expansion-179042?source=rss_the_industry_standard

Ron \"Pigpen\" McKernan Roger Lee Durham Wallace Yohn Dave Alexander