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A logo on the SAP exhibition space at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France June 15, 2022. REUTERS/Benoit Tessier/File Photo Acquire Licensing Rights
STOCKHOLM, Sept 7 (Reuters) – German business software maker SAP (SAPG.DE) on Thursday said it has bought software management company LeanIX from investors to boost its business transformation portfolio.
LeanIX investors include Insight Partners, DTCP, Capnamic Ventures, Iris Capital, Goldman Sachs and Dawn Capital
The transaction is expected to close in the fourth quarter. Terms of the deal were not disclosed.
(This story has been corrected to read DTCP, not Deutsche Telekom Capital Partners, in paragraph 2)
Reporting by Supantha Mukherjee in Stockholm, editing by Terje Solsvik
Our Standards: The Thomson Reuters Trust Principles.
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