Recognizing that communication service providers, including voice, data, content and mobility companies, today are obliged to offer more innovative and value-based services, SAP AG, the world’s leading provider of business software, announced that the signing of the acquisition of privately-held Highdeal, the leading provider of real-time billing solutions for telecommunications, occurred on May 4, 2009. Highdeal delivers sophisticated pricing and charging solutions designed to support today’s new service economy. To survive in the present economy, communication service providers must collaborate seamlessly with partners to introduce innovative new services more rapidly and cost effectively. The combination of SAP and Highdeal is intended to provide customers a packaged consume-to-cash business process platform to support high-volume billing and enable a reduction in cost of ownership. This announcement was made at the TMForum Management World 2009 conference being held in Nice, France, May 4-8.
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