Sapiens International completed the acquisition of sum.cumo from die Bayerische Finanzberatungs- und Vermittlungs.

Sapiens International, a computer software company, completed the acquisition of sum.cumo, a software company, from die Bayerische. Financial terms were not disclosed. The acquisition will enable Sapiens to expand its footprint by offering Sapiens’ complete product and services portfolio in the DACH region, alongside sum.cumo’s offerings. Sapiens will continue to invest in and support sum.cumo’s offerings, and enhance Sapiens’ digital offerings worldwide via sum.cumo’s solutions and expertise.