Key Takeaways Shares of German technology firm SAP listed in the U.S. fell Wednesday morning following reports the company is being investigated for potentially overcharging the U.S. government. U.S. regulators are looking into whether SAP and other companies may have conspired with Carahsoft, which sells IT hardware, software, and consulting services, to illegally fix prices. The Department of Justice is suing Carahsoft to obtain communications related to the sale of SAP software and hardware. U.S.-listed ...

SAP SE (SAP) has acquired WalkMe Ltd. for approximately $1.5 billion. This deal represents an approximate 45% premium to WalkMe's closing share price on June 4, 2024, the day when SAP and WalkMe agreed to the binding terms of the acquisition. Following the acquisition, each ordinary and outstanding share of WalkMe has been converted into the right for shareholders to receive $14.00 per share in cash, subject to adjustments. The completion of the acquisition has been officially reported to the Nasdaq stock m ...

WALLDORF, Sept. 12, 2024 (GLOBE NEWSWIRE) -- SAP SE (NYSE: SAP) today announced it has successfully completed its acquisition of WalkMe Ltd., a leading digital adoption platform company listed on the Nasdaq Global Select Market (NASDAQ: WKME). WalkMe's innovative technology enables seamless workflow execution across business software applications, improving user experience and adoption and supporting business transformation. WalkeMeX's AI capabilities will supercharge SAP's copilot Joule with context-aware ...

SAP SE's (SAP) stock is continuing its upward trajectory, with a gain of 36.7% in the year to date compared with 13.3% and 6.2% growth of the S&P 500 composite and the sub-industry, respectively. The company is currently trading at a nearly 4.5% discount to its 52-week high of $221.24, reached on Aug. 29, 2024. This pullback from the recent peak might offer a strategic buying opportunity for investors looking to capitalize on potential gains. With healthy fundamentals and strong growth opportunities, this Z ...

WALLDORF, Germany, Sept. 4, 2024 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced the participation of its executives at the following event. This event will be webcast, and a replay will be made available shortly after the event on the SAP Investor Relations website: https://www.sap.com/investors/en/calendar.html Goldman Sachs, Communacopia & Technology Conference San Francisco, California, US Dominik Asam, CFO and member of the SAP Executive Board will hold a Fireside Chat at the event. Tuesday, Septemb ...

WALLDORF, Germany, Sept. 3, 2024 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced that the SAP Supervisory Board has reached a mutual agreement with Chief Technology Officer and Executive Board Member Dr.-Ing. Jürgen Müller to leave the company's Executive Board, effective September 30, 2024. Müller stated: "I want to address an incident at a past company event where my behavior was inappropriate. I regret being inconsiderate and sincerely apologize to everyone affected. I recognize my behavior at that mo ...

Toronto, Canada, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Qubittron, a SAP consulting firm founded in 2022 by leading business strategists and consultants, is redefining digital transformation best practices. After cofounders Shubhendu Tripathi and Sidhartha Mudrakola recognized a gap in the ERP market, the pair were determined to offer cutting-edge solutions. Unlike competitors who place profit over client success, Qubittron's visionaries have remained human-centric. Alongside a star-studded consulting team, Sidh ...

VANCOUVER, BC, Aug. 20, 2024 /PRNewswire/ -- Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF) (FSE: VN8) ("Scope" or the "Company") is pleased to announce the next phase of its go-to-market strategy with the appointment of Grifyn McErlean as a Business Development Consultant. Mr. McErlean, an ecosystem marketing specialist from SAP, will play a critical role in accelerating the company's market expansion and business development efforts as Scope AI continues to drive adoption of its cutting-edge data and quantum e ...

SAP SE's (SAP) stock is continuing its upward trajectory, with a gain of 50% in the past year compared with 18.6% and 19.8% growth of the S&P 500 composite and the sub-industry, respectively. The company is one of the largest independent software vendors in the world and the leading provider of enterprise resource planning (ERP) software. SAP boasts an extensive partner ecosystem with 20,000 plus partners worldwide in more than 140 countries. SAP's strong financial performance is buoying the stock trajector ...

WALLDORF, Germany, Aug. 7, 2024 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced Xerox Holdings Corp. (Nasdaq: XRX) has chosen multiple SAP solutions to transform its enterprise architecture as part of its multi-year Reinvention. Xerox's Reinvention involves aligning its resources to improve and stabilize its core print businesses, increase productivity and efficiency, and focus on its emerging digital services and IT services capabilities to improve business outcomes for its clients. Moving to the Cloud ...