SAP to Acquire Reltio: Make SAP and Non-SAP Data AI-Ready [Yahoo! Finance]
SAP SE ADS (SAP)
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Source: Yahoo! Finance
Inc. today announced that SAP has agreed to acquire Reltio , a leading master data management ( MDM ) software provider, to help customers make their SAP and non-SAP enterprise data AI-ready. Terms of the deal were not disclosed. SAP Logo (PRNewsfoto/SAP) Once closed, the acquisition will strengthen SAP Business Data Cloud (SAP BDC)—integral for SAP's AI-First and Suite-First strategy—and accelerate the evolution of SAP BDC to a fully interoperable enterprise data platform for enterprise-wide agentic AI. It will provide customers with the tools they need to unify, cleanse and harmonize data across sources for superior enterprise-wide agentic AI. "Reltio is a natural fit with SAP," said Muhammad Alam, member of the Executive Board of SAP SE, SAP Product & Engineering. "Acquiring them will further improve our position as a leading business AI provider, combining SAP and non-SAP data to deliver data context that business AI requires. AI cannot reach its full potential when data is
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