SAP Acquires WalkMe for $1.5B to Boost Digital Adoption and AI
TL;DR Summary
SAP has announced its acquisition of digital adoption platform WalkMe for $1.5 billion in an all-cash deal, marking a 45% premium on WalkMe's recent stock price. This move aims to enhance SAP's Business Transformation Management suite and accelerate digital adoption for customers, boosting productivity and ROI. The acquisition follows SAP's previous purchases of Signavio and LeanIX, furthering its efforts in enterprise modernization. The deal is expected to close by Q3 2024, pending customary approvals.
Topics:business#acquisition#businesstechnology#digital-transformation#enterprise-software#sap#walkme
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- German software giant SAP inks deal to buy Israel’s WalkMe for $1.5 billion The Times of Israel
- SAP to Add Digital Adoption Platforms With WalkMe Acquisition PYMNTS.com
- WalkMe (WKME) Shares Skyrocket, What You Need To Know Yahoo Finance
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