SAP completes acquisition of WalkMe

WALLDORF — SAP SE (NYSE: SAP) today announced the successful completion of the 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, improves user experience and adoption, and supports business transformation. WalkeMe^XThe AI ​​capabilities will equip SAP’s copilot Joule with contextual and proactive assistance for all workflows, helping users to be more productive.

As a result of the acquisition, each issued and outstanding share of WalkMe Ltd. common stock was converted into the right of shareholders to receive $14.00 (subject to adjustment) per share in cash. The completion of the acquisition has been duly reported to the Nasdaq Stock Market and trading in WalkMe’s common stock is expected to be suspended at the close of trading today pending delisting. With an equity value of approximately $1.5 billion, this represents a premium of approximately 45% to the closing price of WalkMe’s stock on June 4, 2024, the date on which SAP and WalkMe agreed to the binding terms of the acquisition.

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Further information for the financial community only:
Alexandra Steiger, +49 6227-7-60437, [email protected], CEST

For further information please contact the press:
Joellen Perry, +1 650-445-6780, [email protected], PT
Daniel Reinhardt, +49 6227-7-40201, [email protected], CEST
Ofir Bloch, [email protected]
SAP press area; [email protected]

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