SAP to buy Belgian workforce data firm TechWolf for undisclosed sum
German software company SAP has agreed to buy TechWolf, a Belgian company that analyses workforce data to map employees' skills and tasks. SAP expects to close the acquisition in the fourth quarter, subject to regulatory approval.
Oct 6 (Reuters) — German software company SAP said on Tuesday it had agreed to buy TechWolf, a Belgian company that analyses workforce data to map employees' skills and tasks, for an undisclosed sum. The deal gives SAP a view of its customers' workforces that its own HR software lacks, at a time when companies reorganise around AI and need to know which skills they have and which they are losing. com)