SAP: acquires Israeli company WalkMe

(CercleFinance.com) - German enterprise software giant SAP announced on Thursday that it had acquired WalkMe, an Israeli digital adoption specialist.


The Walldorf-based group had initially announced the acquisition of Tel Aviv-based WalkMe last June for about $1.5bn.

At $14 a share, its tender offer was at a premium of around 45%.

Listed on the Nasdaq, WalkMe shares will be suspended from trading as of this evening, SAP points out, pending the announcement of a forthcoming delisting.

Digital adoption is about enabling users not just to learn the basic functions of a given software, but also to master its more advanced features.


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