Reuters reveals Germany’s SAP hires adviser for $1 bln Litmos software

Business & FinanceHuman InterestTechnology

Reuters revealed German software firm SAP is working with investment bank Moelis & Co to sell its corporate learning software business Litmos as it seeks to streamline its operations and focus on cloud-based revenue. The sale of California-based Litmos, which is profitable, could fetch a valuation of more than $1 billion.

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Topics of Interest: Business & FinanceHuman InterestTechnology

Type: Reuters Best

Sectors: Business & FinanceEducation ServicesTechnology

Regions: Europe

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story

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