Getting your Trinity Audio player ready...

German technology company SAP said Wednesday it plans to buy Chicago-based Fieldglass, which makes software used by companies to manage relationships with employees, temporary workers and vendors.

Fieldglass has 350 employees, and its majority investor is Chicago-based private equity firm Madison Dearborn. Terms weren’t disclosed.

To read and comment on this story, go here.

A visitor enters an elevator in the lobby at the headquarters of SAP AG in Walldorf, Germany.
Krisztian Bocsi/Bloomberg

div#fb-comments {display: none;
}

More Top Picks Projectors