Acquiring Company
SAP SE
Acquired Company
TAULIA INC.
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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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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