Loading...
Market
Story
SAP to Acquire WalkMe for $1.5 Billion at $14.00/Share, 45% Premium
Jun 5, 2024, 09:25 AM
SAP has announced its acquisition of WalkMe, a digital adoption platform based in Tel Aviv, for $1.5 billion in an all-cash deal. The acquisition price of $14.00 per share represents a 45% premium to WalkMe's closing price on June 4, 2024. SAP's CEO highlighted the deal as a commitment to enhancing support for end users, while WalkMe's CEO described it as a significant milestone for the company. WalkMe, which helps users navigate user interfaces of other software services, had previously raised $300 million ahead of its 2021 IPO. Following the announcement, WalkMe's shares surged 42% in premarket trading.
View original story
Similar markets
Media company • 33%
Technology company • 33%
No major acquisition • 34%
Tech Company • 33%
Healthcare Company • 33%
Other Sector • 33%
BHP • 25%
Rio Tinto • 25%
Vale • 25%
Glencore • 25%
A media company • 33%
A technology company • 33%
A real estate property • 34%
Disney+ • 25%
HBO Max • 25%
Peacock • 25%
None • 25%
Yes • 50%
No • 50%
Acquisition • 33%
Partnership • 33%
None • 33%
