SAP to buy business process software provider Signavio
January 29, 2021
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SAP has agreed to acquire Signavio, a German developer of business process management software. Bloomberg reported that the deal could value the company at around €1 billion. Signavio has over 1 million users in more than 2,000 organizations across four continents. Signavio is backed by Apax Partners, Summit Partners and Deutsche Telekom Capital Partners.