SAP Acquires WalkMe for $1.5 Billion in Major Digital Transformation Push

The all-cash deal aims to enhance SAP's Business Transformation Management suite with WalkMe's digital adoption platform.

SAP's $14 per share offer represents a 45% premium on WalkMe's closing price.
WalkMe will complement SAP's previous acquisitions of Signavio and LeanIX.
The acquisition is expected to close in the third quarter of 2024, pending customary approvals.
WalkMe's platform provides personalized guidance and AI-powered insights to improve user productivity.
The deal will enable WalkMe to expand its market reach and support non-SAP applications.