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Sap To Acquire Leading Working Capital Management Company Taulia

PUBLIC · SAPJan 27, 2022

Acquiring Company

SAP SE

Acquired Company

TAULIA INC.

WalldorfSan FranciscoInformation TechnologySoftwareSaaSEnterprise SoftwareAnalyticsInformation TechnologyFinancial ServicesSoftwareFood And Beverage

Description

SAP SE (NYSE: SAP) today announced its intent to acquire a majority stake of Taulia, a leading provider of working capital management solutions. The move is aimed at giving companies better access to liquidity and improving their cash flows. The acquisition further expands SAP’s Business Network and strengthens SAP’s solutions for the CFO office. Taulia will operate as an independent company with its own brand in the SAP Group; Cédric Bru will remain CEO of Taulia, SAP CFO Luka Mucic will become Chairman of the Board.

Quick answer

SAP SE is acquiring TAULIA INC., announced January 27, 2022. SAP SE is based in Walldorf, Baden-Württemberg, Germany.

Who acquired TAULIA INC?
SAP SE agreed to acquire TAULIA INC. on January 27, 2022.
How much did SAP SE pay for TAULIA INC?
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 TAULIA INC. based?
SAP SE is based in Walldorf, Baden-Württemberg, Germany. TAULIA INC. is based in San Francisco, California, 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 TAULIA INC.?

TAULIA INC. was acquired by SAP SE, based in Walldorf. The deal was reported on January 27, 2022. 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 TAULIA INC.?

SAP SE's acquisition of TAULIA INC. was reported on January 27, 2022. SAP SE (NYSE: SAP) today announced its intent to acquire a majority stake of Taulia, a leading provider of working capital management solutions. The move is aimed at giving companies better access to liquidity and improving their cash flows. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does TAULIA INC. do?

Taulia is a fintech provider of working capital management solutions headquartered in San Francisco, California. Taulia helps companies access value tied up in their payables, receivables and inventory. It is privately held, operating in Information Technology, and is based in San Francisco.

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