SAP's Latest Acquisitions Expected to Cost Billions of Euros -- Market Talk

Dow Jones05-05

0842 GMT - SAP's recent deals to acquire data platform Dremio and software company Prior Labs are expected to wipe out a few billion euros from its balance sheet, UBS analysts write in a note to clients. The German business-software group didn't disclose financial details for the two deals, but said it would invest more than 1 billion euros over the next four years to scale Prior Labs. "We see these deals as clearly enhancing SAP's capabilities," the analysts say. The Dremio and Prior Labs deals come less than two months after SAP struck an agreement to acquire U.S. data-management software provider Reltio, also for an undisclosed sum. SAP shares trade 0.5% higher at 148.86 euros. (mauro.orru@wsj.com)

 

(END) Dow Jones Newswires

May 05, 2026 04:42 ET (08:42 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment