Sounds like another big (semi?-)monopolistic company swallowing up all competition so it keeps the market under control. Or am I mistaken here?
This is the best summary I could come up with:
SAP announced today that it is acquiring German startup LeanIX, a software service which helps companies map out their architecture.
The purchase is expected to complement the 2021 Signavio acquisition, a German business process automation company that SAP bought for a reported price of $1.2 billion.
CEO Christian Klein said it’s about recognizing that systems and processes are part of the same problem set and building on the company’s prior experience to speed up modernization activities.
To that end, the company is building a new ‘business transformation’ suite based on Signavio, LeanIX and various pieces built by SAP over the years.
It’s a bold ambition, trying to bring these various pieces of technology together, and it’s always a challenge for large companies like SAP to capture the vitality of acquired startups without quashing their innovation inside the big corporation.
In Europe, we are seeing third generation investors and entrepreneurs coming through the ecosystem, building category leading businesses in tech hubs that now rival those in the US,” he said in an email.
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