M&A Deal Summary

SAP Acquires Fedem Technology AS

On June 21, 2016, SAP acquired software company Fedem Technology AS

Acquisition Highlights
  • This is SAP’s 31st transaction in the Software sector.
  • This is SAP’s 2nd transaction in Norway.

M&A Deal Summary

Date 2016-06-21
Target Fedem Technology AS
Sector Software
Buyer(s) SAP
Deal Type Add-on Acquisition

Target

Fedem Technology AS

Trondheim, Norway
Fedem Technology AS is a developer and distributor of software for engineering and analysis services. Fedem Technology offers services in the areas of oil & gas, renewable energy, marine and mechanical industries.

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Buyer(S) 1

Buyer

SAP

Walldorf, Germany

Category Company
Founded 1972
Sector Software
Employees108,133
Revenue 31.2B EUR (2023)
DESCRIPTION
SAP office in Downers Grove, Illinois.
SAP office in Downers Grove, Illinois.

SAP is a multinational software company that makes enterprise software to manage business operations and customer relations. SAP was founded in 1972 and is based in Walldorf, Germany.


DEAL STATS #
Overall 43 of 61
Sector (Software) 31 of 36
Type (Add-on Acquisition) 43 of 59
Country (Norway) 2 of 2
Year (2016) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-16 MeLLmo

Solana Beach, California, United States

MeLLmo, Inc. (Roambi) is a mobile-centric analytics and data visualization solution that redesigns the way the world uses critical information by enabling people from frontline staff and consumers to managers and executives to view, interact with and share data anytime, anywhere.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-27 Altiscale

Palo Alto, California, United States

Altiscale, Inc. is a cloud based platform that provides data ingestion, transformation, analysis and visualization services. Altiscale, Inc. was established in 2011 and is headquartered in Palo Alto, California.

Buy -