logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

SAP acquires WalkMe for 1.5 billion dollars to strengthen its position in Business AI

Sep 12, 2024•over 1 year ago

Acquiring Company

SAP

Acquired Company

WalkMe

WalldorfSan FranciscoSoftwareSaasAnalyticsSoftware

Description

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.

Company Information

Company

SAP

Location

Walldorf, Baden-Württemberg, Germany

About

SAP is the leading enterprise application and business AI company. We stand at the intersection of business and technology, where our innovations are designed to directly address real business challenges and produce real-world impacts. Our solutions are the backbone for the world’s most complex and demanding processes. SAP’s integrated portfolio unites the elements of modern organizations — from workforce and financials to customers and supply chains — into a unified ecosystem that drives progress.

Related People

Sign in to view contact details

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed