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SAP Ex-CEO Apotheker Plans Software, Telecommunications Fund

Former SAP AG head Leo Apotheker is creating a private equity fund to invest in European software, telecommunications and information-technology companies.

“My projects are to try to help European technology companies become global players,” Apotheker said in a July 2 interview in Aix-en-Provence, France. “We build great technology in Europe; we just don’t know how to bring it to market and we are unable to really create large companies.”