Europe's Crop of 'Billion-Dollar Babies'

Not long ago, you could count the number of European tech startups that went on to become giants on one hand. Now all that is beginning to change

Heidelberger Druckmaschinen (HDDG.F), a German printing press manufacturer with annual revenues north of €4 billion ($5.9 billion) and operations in over 175 locations, is based just 12 miles from the Walldorf headquarters of German software giant SAP (SAP). The companies' board members often meet on the golf course. Not surprisingly, Heidelberger is a long-time SAP customer.

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