Silver Lake completed the acquisition of Software for €2.2bn.

Silver Lake, a private equity firm, completed the acquisition of Software, a software developer, for €2.2bn. "The management board welcomes the opportunity of a deepened strategic partnership with Silver Lake, following a thorough analysis of the offer. Silver Lake has already demonstrated strong support for our strategic vision and values. With deep expertise in the integration market, experience in transitioning businesses to SaaS-first models and extensive M&A capabilities, Silver Lake is a valuable long-term partner for Software and our customers. A successful transaction would enable us to accelerate the execution of our strategy, double down on innovation in integration for customers, and provide greater opportunities to attract and develop talent. We would like to thank the foundation and Dr Schnell for the many years of support in contributing to where Software is today,” Sanjay Brahmawar, Software CEO.