SAP has announced plans to acquire Syclo, a leading provider of enterprise mobile applications and technologies. The move comes as SAP looks to increase its expertise in building and selling mobile solutions in industries such as utilities, oil & gas, life sciences and manufacturing.

The acquisition follows that of Sybase in 2010, and adds to SAP’s existing mobile enablement portfolio. Syclo has around 750 customers, including Coca Cola and Lockheed Martin.

"With this acquisition, SAP adds momentum to our already powerful mobile portfolio, advancing our vision and leadership while accelerating our mobile apps," said Sanjay Poonen, president, Global Solutions, SAP. " Syclo brings both domain-savvy expertise and industry-leading solutions, as recognized by customers and analysts. This will drive innovation and mobility in the workplace."