SAP to acquire a majority stake in Taulia.

SAP, a multinational software company, agreed to acquire a majority stake in Taulia, a provider of working capital management solutions. Financial terms were not disclosed. “Cash is the oxygen businesses need to breathe during challenging economic cycles and growth sprints. Coming together with SAP will help accelerate Taulia’s mission of helping businesses thrive by unlocking liquidity trapped in supply chains,” Cédric Bru, Taulia CEO.