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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