Trending: SAP to Expand Portfolio With LeanIX Acquisition
07 Septiembre 2023 - 5:09AM
Noticias Dow Jones
0938 GMT - SAP is among the most mentioned companies across news
items over the past 12 hours, according to Factiva data, after the
German software company agreed to acquire LeanIX, a fellow German
software company which specializes in software management. The
purchase, about which neither SAP nor LeanIX disclosed financials,
will help SAP expand its business transformation portfolio, the two
companies said in a joint statement. The move helps set the stage
for what SAP called "a comprehensive foundation for AI-enabled
process optimization," according to the statement. LeanIX, a
privately-held company, has been a strategic partner of SAP's for a
decade, the two companies said. They added that the transaction is
expected to close in the fourth quarter of the year. Dow Jones
& Co. owns Factiva. (pierre.bertrand@wsj.com)
(END) Dow Jones Newswires
September 07, 2023 05:54 ET (09:54 GMT)
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