Source link : https://europ.info/2025/10/28/exclusive-germanys-sap-mulls-new-bid-for-software-firm-blackline-source-says-reuters/
In a developing story, Reuters has learned that Germany’s software giant SAP is contemplating a renewed acquisition bid for BlackLine, a leading provider of cloud-based financial automation solutions. According to industry sources, the move signals SAP’s ongoing strategic push to bolster its portfolio in the fast-growing enterprise software sector. While details remain limited, the potential bid highlights intensifying competition among global tech firms seeking to expand their foothold in the financial technology market. Further updates are expected as the situation unfolds.
Exclusive Germany SAP Considers Renewed Offer for BlackLine
SAP, the German enterprise software giant, is reportedly reconsidering a renewed offer for BlackLine, a leading provider of cloud-based finance and accounting automation solutions. Sources close to the matter reveal that SAP sees strategic value in BlackLine’s platform to bolster its financial software portfolio amid growing competition in the cloud space. This potential move comes after initial talks earlier in the year stalled over valuation disagreements and integration concerns.
Key benefits SAP aims to leverage through a successful acquisition include:
- Enhanced automation capabilities in financial close and reconciliation processes
- Expansion of subscription revenues from BlackLine’s SaaS model
- Stronger positioning against rivals such as Oracle and Workday
| Aspect | BlackLine | SAP |
|---|---|---|
| Market Focus | Cloud Finance… |
—-
Author : Ethan Riley
Publish date : 2025-10-28 13:25:00
Copyright for syndicated content belongs to the linked Source.
—-
1 – 2 – 3 – 4 – 5 – 6 – 7 – 8