(Bloomberg) -- SAP SE will acquire WalkMe Ltd., an Israel-based software company that collects and analyzes data about how employees use apps, in an all-cash transaction with an equity value of about $1.5 billion.Most Read from BloombergBillionaire-Friendly Modi Humbled by Indians Who Make $4 a DayA Struggling Business Park Deals a Blow to Singapore's Regional Hub AmbitionsNvidia Tops $3 Trillion in Market Value, Leapfrogging AppleS&P 500 Hits 25th Record This Year as Tech Soars: Markets WrapBla
SAP SE (NYSE: SAP) and WalkMe Ltd. (NASDAQ: WKME) announced today that the companies have entered into a definitive agreement under which SAP will acquire WalkMe, a leader in digital adoption platforms (DAPs). WalkMe's solutions help organizations navigate constant technology change by providing users with advanced guidance and automation features that enable them to execute workflows seamlessly across any number of applications. This results in higher adoption of the underlying application and
At its annual SAP Sapphire conference, SAP SE (NYSE: SAP) unveiled generative AI innovations and partnerships that showcase how the company is taking business to the next level in the era of AI. By infusing Business AI across an enterprise cloud portfolio that powers the world's most mission-critical processes and partnering with companies pushing the edge of what's possible with AI, SAP is igniting a new wave of insight and ingenuity in global business.