SAP co-founder's charitable arm made investments in a joint venture with the software giant

SAP chairman Hasso Plattner's charitable foundation has said it invested in a joint venture between private equity firm Dediq and SAP designed to develop technology for the financial services market. The Hasso Plattner Foundation's website says it "directly and exclusively pursues charitable purposes" and was established by …

[Doctor Syntax]

The financial services industry is obviously in need of all the charity it can get. Or should that be "in want of"?

[Pascal Monett]

Indeed, all those poor investment companies managing billions in funds, where would they be if SAP didn't lend a helping hand ?

Scratch my back and I'll scratch yours, right ?

[Kane]

"The financial services industry is obviously in need of all the charity it can get. Or should that be "in want of"" - Doctor Syntax

"Indeed, all those poor investment companies managing billions in funds, where would they be if SAP didn't lend a helping hand ?" - Pascal Monett

Won't Someone Think Of The Accountants?

[Binraider]

SAP - that "upgrade" that the stock markets expect big corporates to install. It's 2021, tabulating machines for business have been around a very long time, has no-one actually came up with one that is desirable yet?

[Anonymous Coward]

These days, "charity" is often synonymous with "tax avoidance scheme", "money laundering operation" or "outright scam".