UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the ~~Securities Exchange Act of 1934~~

~~August~~Securities ~~14,~~Exchange ~~2003~~Act of 1934

Date of Report (date of earliest event reported) October 1, 2003

SAGENT TECHNOLOGY, INC.

(Exact name of Registrant as specified in its charter)

Delaware

000-25315

94-3225290

(State or other jurisdiction of

incorporation or organization)

(Commission File Number)

(I.R.S. Employer

Identification No.)

800 W. El Camino Real, Suite 300

Mountain View, CA 94040

(Address, including zip code, of principal executive offices)

(650) 815-3100

(Registrant’s telephone number, including area code)

Item 5.

Other Events.

On October 1, 2003, Group 1 Software and Sagent Technology, Inc. announced completion of the acquisition of the Sagent assets by Group 1. A copy of the relevant press release is filed herewith as Exhibit 99.1.

Item 7.

Financial Statements and Exhibit.

(c)

Exhibit

99.1 Press Release dated ~~August~~October 141, 2003.

Item 12. Results of Operations and Financial Condition.

On August 14, 2003, Sagent Technology, Inc. issued a press release reporting its second quarter 2003 financial results. A copy of the press release is attached as Exhibit 99.1.

The information in this Form 8-K, including Exhibit 99.1 attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall such information and exhibit be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be set forth by specific reference in such a filing.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	SAGENT TECHNOLOGY, INC. a Delaware corporation
Dated: August 18, 2003	By:	/s/ Patricia Szoka
Dated: October 6, 2003	By:	/s/ PATRICIA SZOKA
		Patricia Szoka Chief Accounting Officer

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