Germany's biggest tech company, SAP, has rejected calls by domestic politicians for European IT firms to band together to better compete against U.S. tech groups in the wake of spying allegations. Some German politicians have suggested an IT industry equivalent to European jetmaker Airbus following allegations about U.S. spying on Europeans, including the monitoring of German Chancellor Angela Merkel's mobile phone. "A merger between some European IT companies with the aim of drawing a line between them and the rest of the global market, does not make any sense," SAP co-Chief Executive Jim Hagemann Snabe said on Wednesday, in an e-mailed response to questions from Reuters. German politicians in favor of IT companies teaming up, such as Merkel, argue it would make Europe less dependent on U.S. technology and data groups including Microsoft, Google and Cisco.
via Tech News Headlines - Yahoo! News http://news.yahoo.com/sap-co-ceo-snabe-says-airbus-does-not-145601562--sector.html
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