Today, SAP announced it has signed a definitive agreement to acquire WalkMe, an Israeli multinational company providing enterprises with a digital adoption platform or DAP.
Under the terms of the agreement, the all-cash deal will see SAP paying $1.5 billion at $14 per share to WalkMe, marking a 45% premium on the company’s June 4 closing price of $9.64. The move will enable SAP to bolster its Business Transformation Management suite and accelerate the adoption of digital solutions for customers — this will attempt to boost their productivity and ROI.
