SAP and LeanIX GmbH have announced that SAP has entered into an agreement to acquire LeanIX, a leader in enterprise architecture management (EAM) software.
The planned acquisition helps SAP expand its business transformation portfolio, giving customers access to the full suite of tools required for continuous business transformation and facilitating AI-enabled process optimization. LeanIX, a privately held company, has been a strategic partner of SAP and for SAP Signavio solutions for 10 years.
Many CIOs rely on LeanIX’s offerings as part of their Digital Transformation with the RISE with SAP solution.
The transaction is expected to close in the fourth quarter of 2023, subject to customary closing conditions and regulatory approvals. Terms of the transaction were not disclosed.
“Systems and processes go hand in hand,” said Christian Klein, CEO and Member of the Executive Board of SAP SE. “Together with LeanIX, we want to offer a first-of-its-kind transformation suite to provide holistic support to our customers on their business transformation journeys. Building on our decades of expertise, we’ll embed generative AI to offer self-optimizing applications and processes that can help businesses achieve key goals such as maximizing cash flow while minimizing their environmental impact.”
With the intended acquisition, SAP is extending its comprehensive transformation suite to help customers navigate change more easily and permanently improve their business processes.Click below to share this article