Datavard to acquire Formbit.

Datavard, a recognized global leader in data transformation and solutions in SAP landscape transformation has acquired Formbit, a leading expert in SAP-certified System Landscape Optimization (SLO) projects. Financial terms were not disclosed. "Formbit’s DNA is perfectly aligned to our own and by adding such a recognized expert in SAP data transformations to our world-class team at Datavard we are excited to bring even more impactful results for our customers while extending the world-class delivery capability of Datavard.” Gregor Stoecker, Datavard, CEO.