[Image provided by SAP]

SAP Completes Acquisition of WalkMe ⁤for⁤ $1.5 Billion

SAP has​ finalized ​the acquisition of Israeli software-as-a-service (SaaS) company WalkMe for $1.5 billion.

Founded in 2011, WalkMe provides a platform that supports the adoption ⁢of digital technologies‍ without requiring separate code. This innovative solution enables organizations to strengthen their digital transformation processes and increase software efficiency.

WalkMe ‌solutions offer valuable insights‌ into end-user ‍behavior, allowing businesses to optimize their⁢ digital strategies and improve overall productivity. The acquisition⁣ is ‌expected ‌to enhance​ SAP’s business innovation management portfolio.

By integrating WalkMe’s functionality into SAP’s artificial‌ intelligence (AI) ‍copilot ‘Joule’, customer productivity is expected to increase significantly.‍ This strategic move is set to drive business growth and innovation in the digital landscape.

Reporter Ryu Tae-woong

bigheroryu@etnews.com