SAP To Acquire Prior Labs

ReutersMay 4, 2026 11:27 AM

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May 4 (Reuters) - SAP SE SAPG.DE:

TO ACQUIRE PRIOR LABS TO ESTABLISH A GLOBALLY LEADING FRONTIER AI LAB IN EUROPE
TO INVEST OVER €1 BILLION IN PRIOR LABS OVER NEXT FOUR YEARS
DEAL EXPECTED TO CLOSE IN Q2 OR Q3 2026
TERMS OF DEAL WERE NOT DISCLOSED

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