Tangoe Inc. (TNGO) announced Wednesday morning that it has signed a Software Development Cooperation Agreement with SAP AG. The Companies will work cooperatively to integrate Tangoe's Mobile TEM software suite with the SAP Mobile Secure portfolio including SAP Afaria 7.0.
Tangoe gapped up Wednesday and has risen sharply in early trade on above average volume. The stock is now up 1.31 at $14.74 and has climbed to a 3-month high.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.