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SAP: acquisition of Israeli company WalkMe finalized

Published on 09/12/2024 at 10:15 am EDT - Modified on 09/12/2024 at 10:19 am EDT

- Translated by Marketscreener - See original

NASDAQ COMPOSITE

+0.91%

WALKME LTD.

-.--%

SAP SE

-0.63%

SAP: acquisition of Israeli company WalkMe finalized

German enterprise software giant SAP announced on Thursday that it had finalized the acquisition of WalkMe, an Israeli digital adoption specialist.

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

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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Stocks mentioned in the article

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
NASDAQ COMPOSITE	23,436.73PTS	+0.91%	-0.41%	-
WALKME LTD.	13.95USD	-.--%	-.--%	1.31B
SAP SE	189.84EUR	-0.63%	-7.67%	260B

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