SAP rejects calls for a pan-European IT champion

Germany's biggest tech firm, SAP, has rejected calls by way of home politicians for European IT corporations to band collectively to better compete towards U.S. tech groups within the wake of spying allegations. Some German politicians have prompt an IT industry an identical to European jetmaker Airbus following allegations about U.S. spying on Europeans, together with the monitoring of German Chancellor Angela Merkel's cell phone. "A merger between some European IT companies with the purpose of drawing a line between them and the remainder of the worldwide market, does no longer make any experience," SAP co-Chief Executive Jim Hagemann Snabe said on Wednesday, in an e-mailed response to questions from Reuters. German politicians in choose of IT companies teaming up, akin to Merkel, argue it could make Europe less depending on U.S. technology and data teams together with Microsoft, Google and Cisco.