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SAP prior to purchase of software management company Leanix

admin by admin
September 6, 2023
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SAP prior to purchase of software management company Leanix
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SAP

According to insiders, the software company is planning to acquire the Bonn start-up LeanIX.

(Photo: dpa)

Hamburg, Düsseldorf The software company SAP wants to buy the Bonn-based software management company Leanix, according to corporate circles. The start-up helps companies to gain an overview of their own software inventory, including all purchased, planned or self-developed tools. This should help to modernize our own information technology.

The sellers are investors around Deutsche Telekom. The Group’s venture capital division, Deutsche Telekom Capital Partners (DTCP), has so far held 22 percent of the shares. DTCP joined Leanix in 2017. The start-up is already cooperating with SAP.

The Leanix deal is expected to be announced in the coming days. Leanix could be valued at just under 1.2 billion euros, according to a person familiar with the matter. SAP stated that it generally does not comment on market rumors. Deutsche Telekom was not immediately available for comment.

Cooperation: Arno Schütze

More: SAP recruits Walter Sun as the new AI boss of Microsoft

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