NEW YORK, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of SAP SE ("SAP" or "the Company") (NYSE: SAP). Investors who purchased SAP securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SAP. Investigation Details On September 25, 2024, Bloomberg News reported that the U.S. Department of Justice was investigating SAP and other compan ...

SAP SE (SAP) , along with Carahsoft Technologies, is being investigated by U.S. officials for conspiring to overcharge government agencies, according to a Bloomberg report. Following this development, shares of SAP fell 3.3% and closed yesterday's trading session at $223.29. Citing federal court records filed in Baltimore, Bloomberg added that since 2022, the Department of Justice's ("DOJ") attorneys have been investigating whether SAP colluded with Carahsoft to fix prices on sales to the military and other ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

Key Takeaways Shares of German technology firm SAP listed in the U.S. fell Wednesday morning following reports the company is being investigated for potentially overcharging the U.S. government. U.S. regulators are looking into whether SAP and other companies may have conspired with Carahsoft, which sells IT hardware, software, and consulting services, to illegally fix prices. The Department of Justice is suing Carahsoft to obtain communications related to the sale of SAP software and hardware. U.S.-listed ...

SAP SE (SAP) has acquired WalkMe Ltd. for approximately $1.5 billion. This deal represents an approximate 45% premium to WalkMe's closing share price on June 4, 2024, the day when SAP and WalkMe agreed to the binding terms of the acquisition. Following the acquisition, each ordinary and outstanding share of WalkMe has been converted into the right for shareholders to receive $14.00 per share in cash, subject to adjustments. The completion of the acquisition has been officially reported to the Nasdaq stock m ...

WALLDORF, Sept. 12, 2024 (GLOBE NEWSWIRE) -- SAP SE (NYSE: SAP) today announced it has successfully completed its 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, improving user experience and adoption and supporting business transformation. WalkeMeX's AI capabilities will supercharge SAP's copilot Joule with context-aware ...

SAP SE's (SAP) stock is continuing its upward trajectory, with a gain of 36.7% in the year to date compared with 13.3% and 6.2% growth of the S&P 500 composite and the sub-industry, respectively. The company is currently trading at a nearly 4.5% discount to its 52-week high of $221.24, reached on Aug. 29, 2024. This pullback from the recent peak might offer a strategic buying opportunity for investors looking to capitalize on potential gains. With healthy fundamentals and strong growth opportunities, this Z ...

WALLDORF, Germany, Sept. 4, 2024 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced the participation of its executives at the following event. This event will be webcast, and a replay will be made available shortly after the event on the SAP Investor Relations website: https://www.sap.com/investors/en/calendar.html Goldman Sachs, Communacopia & Technology Conference San Francisco, California, US Dominik Asam, CFO and member of the SAP Executive Board will hold a Fireside Chat at the event. Tuesday, Septemb ...

WALLDORF, Germany, Sept. 3, 2024 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced that the SAP Supervisory Board has reached a mutual agreement with Chief Technology Officer and Executive Board Member Dr.-Ing. Jürgen Müller to leave the company's Executive Board, effective September 30, 2024. Müller stated: "I want to address an incident at a past company event where my behavior was inappropriate. I regret being inconsiderate and sincerely apologize to everyone affected. I recognize my behavior at that mo ...

Toronto, Canada, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Qubittron, a SAP consulting firm founded in 2022 by leading business strategists and consultants, is redefining digital transformation best practices. After cofounders Shubhendu Tripathi and Sidhartha Mudrakola recognized a gap in the ERP market, the pair were determined to offer cutting-edge solutions. Unlike competitors who place profit over client success, Qubittron's visionaries have remained human-centric. Alongside a star-studded consulting team, Sidh ...