SAP buys application maker Coghead
Enterprise software giant SAP has bought the intellectual property assets of Redwood City-based Coghead, a company that gives tech-savvy users the ability to create web applications without coding, according to an e-mail sent out on Thursday afternoon from Coghead chairman Paul McNamara.
SAP, the $8 billion business software provider, announced the company's plan to invest in India through its venture capital arm, SAP Ventures.