The story
Crossgate AG was founded as Indatex SCI GmbH in 2001 by Stefan Tittel. In 2006 Indatex SCI GmbH changed its name to Crossgate AG. That same year, Dietmar Hopp's son, founder and major shareholder of SAP SE became financially involved and Crossgate's operations were expanded.
On 14 October 2008, SAP SE announced at SAP TechED 2008 Berlin. that it has made a strategic investment by taking a minority stake in Crossgate, a business-to-business (B2B) integration service provider. This follows several deployments of Crossgate's B2B 360° Services, which utilizes SAP to enable mulltienterprise B2B integration (which SAP calls "business network transformation"), one of the fundamental points of SAP's future strategy. Financial details have not been disclosed but a SAP Executive Board Member has joined the Crossgate Supervisory Board.
On September 20, 2011, SAP acquired Crossgate for a three-digit million amount.
From Wikipedia’s article on Crossgate AG, shared under CC BY-SA 4.0.4