Fieldglass acquisition furthers SAP’s push into internet-based applications

SAP has agreed to acquire Fieldglass, a US software supplier that specialises in managing contract workforces, furthering the German company’s push into internet-based applications.

Fieldglass, whose programmes help businesses oversee contract employees and projects, would complement earlier acquisitions of personnel software supplier SuccessFactors and online marketplace Ariba, Walldorf, Germany-based SAP said.

Closely-held Fieldglass in 2010 received an investment from private-equity firm Madison Dearborn Partners LLC valuing the Chicago-based company at more than $220 million (€159m).