SAP buys software management company LeanIX

General News

Summary

A logo on the SAP exhibition space at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France June 15, 2022. REUTERS/Benoit Tessier/File Photo Acquire Licensing Rights STOCKHOLM, Sept 7 (Reuters) - German business software maker SAP (SAPG.DE) on Thursday said it has bought software management company LeanIX from investors to boost its business transformation portfolio. The transaction is expected to close in the fourth quarter. Terms of the deal were not disclosed.

Classifications

industries
Fintech & Banking
applications
Accounting and Taxes

AskAI Classifications

Labels
Legal Tech Tax Software Compliance Software

Linked Companies

SAP
$1B+
LeanIX
$1M to $5M