Stratrix
On the Record · SAP

SAP acquisitions, on the record

The businesses SAP bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
LeanIX
Word for word“The acquisition of LeanIX closed on November 7, 2023.” 20-F for 2023
acquisitionclosed on November 7, 2023—
Qualtrics
Word for word“The sale closed on June 28, 2023.” 20-F for 2023
divestitureThe sale closed on June 28, 2023.—
Taulia and Askdata
Word for word“We paid, net of cash received, a total of €0.7 billion mainly for the Taulia and Askdata acquisitions in 2022, compared to €1.0 billion mainly for the Signavio acquisition in 2021.” 20-F for 2023
acquisitionin 2022€0.7 billion
Signavio
Word for word“We paid, net of cash received, a total of €0.7 billion mainly for the Taulia and Askdata acquisitions in 2022, compared to €1.0 billion mainly for the Signavio acquisition in 2021.” 20-F for 2023
acquisitionin 2021€1.0 billion
WalkMe Ltd.
Word for word“On June 5, 2024, SAP announced its intent to acquire 100% of WalkMe Ltd. (WalkMe), a leader in digital adoption platforms (DAPs).” 20-F for 2024
agreed acquisitionOn June 5, 2024—
SmartRecruiters
Word for word“The transaction closed on September 11, 2025, following satisfaction of regulatory and other approvals.” 20-F for 2025
acquisitionSeptember 11, 2025—

Read from SAP’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-02-26. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.