Announced
Completed
Financials
Tags
Private
Friendly
Completed
Acquisition
Software
software development
Single Bidder
Germany
Majority
Synopsis
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.
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