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SAP buys TechWolf in record Belgian VC-backed deal

Tech.eu John Reynolds ● Covered by 2 sources

SAP is acquiring Belgian AI startup TechWolf to use its workforce skills and work understanding for its talent strategy. The company was founded in 2018, and TechWolf has raised more than $50m in total. The acquisition is expected to close in Q4 this year, expanding SAP’s AI-driven HR and workforce planning capabilities via TechWolf’s technology.

Why it matters

German software giant SAP is buying a Belgian startup that leverages AI to help companies understand the skills and work of their employees, it said today.The deal is reported to be the largest acquis...

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