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Sap To Acquire Leanix, Delivering Customers A Comprehensive Solution Suite For Continuous Business Transformation And A Foundation For Ai-Enabled Process Optimization

PUBLIC · SAPSep 07, 2023

Acquiring Company

SAP SE

Acquired Company

LeanIX

WalldorfBostonInformation TechnologySoftwareSaaSEnterprise SoftwareAnalyticsInformation TechnologySoftwareArtificial IntelligenceEnterprise SoftwareSaaS

Description

SAP SE (NYSE: SAP) and LeanIX GmbH today announced that SAP has entered into an agreement to acquire LeanIX, a leader in enterprise architecture management (EAM) software. The planned acquisition helps SAP expand its business transformation portfolio, giving customers access to the full suite of tools required for continuous business transformation and facilitating AI-enabled process optimization. LeanIX, a privately held company, has been a strategic partner of SAP and for SAP® Signavio® solutions for 10 years. Many CIOs rely on LeanIX's offerings as part of their digital transformation with the RISE with SAP solution.

Quick answer

SAP SE is acquiring LeanIX, announced September 7, 2023. SAP SE is based in Walldorf, Baden-Württemberg, Germany.

How much did SAP SE pay for LeanIX?
The deal value was not disclosed.
What does SAP SE do?
SAP's strategy is to help every business run as an intelligent, sustainable enterprise.
Where are SAP SE and LeanIX based?
SAP SE is based in Walldorf, Baden-Württemberg, Germany. LeanIX is based in Boston, Massachusetts, United States.
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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Company Information

Company

SAP SE

Location

Dietmar-Hopp-Allee 16

Walldorf, Baden-Württemberg, Germany

About

SAP's strategy is to help every business run as an intelligent, sustainable enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: SAP customers generate 87% of total global commerce. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers' businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want – without disruption. Our end-to-end suite of applications and services enables business and public customers across 26 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people's lives. For more information, visit www.sap.com. This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP's 2022 Annual Report on Form 20-F. © 2023 SAP SE. All rights reserved.SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.

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Frequently asked

Who acquired LeanIX?

LeanIX was acquired by SAP SE, based in Walldorf. The deal was reported on September 7, 2023. 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 LeanIX?

SAP SE's acquisition of LeanIX was reported on September 7, 2023. SAP SE (NYSE: SAP) and LeanIX GmbH today announced that SAP has entered into an agreement to acquire LeanIX, a leader in enterprise architecture management (EAM) software. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does LeanIX do?

LeanIX is a market leader for enterprise architecture management (EAM), driving the modernization of IT landscapes and continuous business transformation. It is privately held, operating in Information Technology, and is based in Boston.

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