SAP Acquires WalkMe for $1.5B to Boost Digital Adoption and AI
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.
