Software Ag Helix Growth Strategy Gains Backing From Silver Lake With €344 Million Strategic Pipe Investment
Software Ag Helix Growth Strategy Gains Backing From Silver Lake With €344 Million Strategic Pipe Investment
12/13/21, 11:04 PM
Location
darmstadtMoney raised
€344 million
Software AG (Frankfurt MDAX®: SOW) today announced it has entered into a strategic partnership with Silver Lake, the global leader in technology investing, anchored by a Silver Lake investment of €344 million in Software AG. Following three years of successful transformation and with the benefit of Silver Lake’s unique expertise, going forward, Software AG will look to accelerate growth, supported by its cloud-native product set, further strengthening and extending its position in North America, and executing a strategic program of value-creating M&A.
Company Info
Location
darmstadt, hesse, germany
Additional Info
Software AG is the software pioneer of a truly connected world. Since 1969, it has helped 10,000+ organizations use software to connect people, departments, systems and devices. Software AG empowers truly connected enterprises using integration & APIs, IoT & analytics and business & IT transformation. Software AG’s products establish a fluid flow of data that allows everything and everyone to work together. The company has more than 4,700 employees across more than 70 countries and annual revenue of over €800m, with the aim of exceeding €1bn by 2023.