SAP Closes Acquisition of WalkMe

MT Newswires Live09-12

SAP (SAP) said Thursday it has completed its acquisition of digital adoption platform WalkMe (WKME) with an equity value of roughly $1.5 billion.

SAP said each ordinary issued and outstanding WalkMe share has been converted into the right for its stockholders to get $14 apiece in cash.

Following the takeover, WalkMe's stock will cease trading on the Nasdaq, SAP added.

Price: 218.50, Change: +0.88, Percent Change: +0.40

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