Deutsche Telekom is set to exit the BPM software provider in a purchase by SAP reported to be sized at about $1.2bn, triple the size of its 2019 valuation.
Enterprise software producer SAP agreed yesterday to acquire Signavio, a Germany-based business process management (BPM) technology developer backed by telecommunications firm Deutsche Telekom.
The size of the deal was undisclosed but Bloomberg reported earlier this week that the transaction was set to value Signavio at about €1bn ($1.2bn).
Signavio was founded in 2009 and has built a software platform that streamlines enterprise customers’ BPM systems, including workflows and business operations, with a focus on digitalisation. The company has a global…
