SAP Fioneer Completes the Transition of its Long-Term Shareholder Base
Walldorf/Munich, April 5 2023 – Hasso Plattner Foundation and its affiliates (“HPF”) have sold all of their remaining shares in SAP Fioneer. In multiple transactions the remaining shares of HPF have been acquired by existing and new investors in SAP Fioneer, all of which are fully committed to the long-term strategy of SAP Fioneer. The ultimate owners of all investors are successful entrepreneurs and their families. To the extent applicable customary antitrust approvals for the consummation of certain transactions shall be obtained in the coming weeks.
About SAP Fioneer (www.sapfioneer.com)
Founded in 2021 as a joint venture between the global technology leader SAP and investor DEDIQ, SAP Fioneer’s vision is to build the next generation of financial services software and platforms.
By combining proven world-class technology with development expertise and a broad ecosystem of partners, SAP Fioneer enables banks and insurance companies to transform, grow and differentiate their business while meeting their needs for speed, scalability, and cost-efficiency through digital business innovation, cloud technology, and solutions that cover banking and insurance processes end-to-end. SAP Fioneer has offices and operations spanning the globe and a strong presence in Europe, North and Latin America, and Asia-Pacific.
About Hasso Plattner Foundation (www.plattnerfoundation.org/)
The Hasso Plattner Foundation is a non-profit foundation under German civil law that aims to accelerate the adoption of digital technologies through science and education, improve access to art and culture, and support environmental conservation by pursuing exclusively and directly charitable and benevolent purposes.
Contact, press only: