SAP Acquires WalkMe for $1.5B to Boost AI and Customer Experience
Originally Published 1 year ago — by TechCrunch
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.