SAP acquires WalkMe for 1.5 billion dollars to strengthen its position in Business AI
Acquiring Company
SAP SE
Acquired Company
WalkMe
WalldorfInformation TechnologySoftwareSaaSEnterprise SoftwareAnalyticsSoftwareDescription
SAP has completed the acquisition of WalkMe for 1.5 billion dollars, aiming to strengthen its position in Business AI. WalkMe, a specialist in SaaS solutions for enterprise organizations, will contribute to reducing unnecessary complexity at SAP, as its assets will be integrated into SAP’s AI copilot, Joule.
Quick answer
SAP SE is acquiring WalkMe for $1.5 billion, announced September 12, 2024. SAP SE is based in Walldorf, Baden-Württemberg, Germany.
- How much did SAP SE pay for WalkMe?
- The reported deal value is $1.5 billion.
- What does SAP SE do?
- SAP's strategy is to help every business run as an intelligent, sustainable enterprise.
- Where are SAP SE and WalkMe based?
- SAP SE is based in Walldorf, Baden-Württemberg, Germany.
- Who are the decision-makers at SAP SE?
- Fundz holds 2 contacts at SAP SE. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired WalkMe?
WalkMe was acquired by SAP SE, based in Walldorf. The deal was reported on September 12, 2024. SAP's strategy is to help every business run as an intelligent, sustainable enterprise. SAP SE is publicly traded (SAP) and operates in Information Technology.
When did SAP SE acquire WalkMe?
SAP SE's acquisition of WalkMe was reported on September 12, 2024. SAP has completed the acquisition of WalkMe for 1.5 billion dollars, aiming to strengthen its position in Business AI. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does WalkMe do?
WalkMe Ltd. is a leading digital adoption platform (DAP) company that helps organizations navigate constant technology change by providing advanced guidance and automation features for seamless workflow execution across applications. It is privately held, operating in Software.
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