SAP Acquires WalkMe for $1.5B to Boost AI and Customer Experience
TL;DR Summary
SAP is acquiring digital adoption platform WalkMe for $1.5 billion in cash, representing a 45% premium on WalkMe's recent share price. Founded in Israel and now based in San Francisco, WalkMe provides real-time, on-screen guidance to simplify website navigation and user onboarding. SAP plans to integrate WalkMe's AI-powered tools with its own offerings to enhance enterprise customer support and automation. The acquisition is expected to close in Q3 2024, pending regulatory and shareholder approval.
- SAP to acquire digital adoption platform WalkMe for $1.5B TechCrunch
- SAP Enters into Agreement to Acquire WalkMe, Driving Business Transformation by Enhancing the Customer Experience and Enriching SAP Business AI Offerings SAP News
- Software giant SAP agrees to buy WalkMe for $1.5 billion cash The Hill
- WalkMe (WKME) Shares Skyrocket, What You Need To Know Yahoo Finance
- SAP to Buy Israeli Software Firm WalkMe for $1.5 Billion Bloomberg
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