SAP buys software management company LeanIX
Last updated on: 07 September,2023 05:24 pm
The transaction is expected to close in the fourth quarter
STOCKHOLM (Reuters) - German business software maker SAP (SAPG.DE) on Thursday said it has bought software management company LeanIX from investors to boost its business transformation portfolio.
LeanIX investors include Insight Partners, DTCP, Capnamic Ventures, Iris Capital, Goldman Sachs and Dawn Capital.
The transaction is expected to close in the fourth quarter. Terms of the deal were not disclosed.