SAP SE (SAP) Acquires Taulia

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SAP to Acquire Leading Working Capital Management Company Taulia

January 27, 2022 1:00 AM EST

WALLDORF, Germany, Jan. 27, 2022 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced its intent to acquire a majority stake of Taulia, a leading provider of working capital management solutions. The move is aimed at giving companies better access to liquidity and improving their cash flows. The acquisition further expands SAP's Business Network and strengthens SAP's solutions for the CFO office. Taulia will operate as an independent company with its own brand in the SAP Group; Cédric Bru will remain CEO of Taulia, SAP CFO... More