Company:Signavio
| Industry | Business process management |
|---|---|
| Founded | 2009 |
| Founders | Gero Decker, Torben Schreiter, Nicolas Peters, Willi Tscheschner, Mathias Weske |
| Headquarters | Berlin , Germany |
| Products |
|
| Services | |
| Owner | SAP (2021-present) |
| Website | www |
Signavio is a vendor of Business Process Management (BPM) software based in Berlin and Silicon Valley. Its main product is Signavio Process Manager, a web-based business process modeling tool. The company was acquired by SAP in March 2021[1] for 950 million euros.[2]
History
The company was founded by a team of alumni from Hasso Plattner Institute (HPI) in Potsdam, Germany .[3]
Prior to Signavio, the founders were involved in[vague] development of the world's first web modeler for BPMN at HPI.[citation needed] This technology, known as the "Oryx project", was published under an Open Source license and served as blueprint for the Signavio Process Manager.[4][5]
Signavio is headquartered in Berlin, Germany.[6] In 2012, the company was incorporated in the United States as Signavio Inc. with an office in Burlington, Massachusetts .[7] The company is fully owned by the founders and staff.[citation needed]
On January 21, 2021, SAP announced that it would acquire Signavio.[8] The acquisition was completed on March 5, 2021.[9]
Awards
In 2011, the German Federal Ministry of Economy and Technology named Signavio "ICT startup of the Year"[10] and selected the firm for its "German Silicon Valley Accelerator" program.[11]
References
- ↑ "SAP Completes Acquisition of Signavio" (in en-US). SAP Signavio. https://www.signavio.com/news/sap-acquisition-signavio/.
- ↑ "Strategieschwenk kommt SAP teuer zu stehen". https://www.handelsblatt.com/technik/it-internet/bilanzcheck-strategieschwenk-kommt-sap-teuer-zu-stehen-die-staerken-und-schwaechen-der-bilanz/27159582.html.
- ↑ "Hasso-Plattner-Institut Alumni Startups". HPI. http://www.hpi.uni-potsdam.de/personen/alumni_startups.html.
- ↑ "Oryx-Editor Google Code source". https://code.google.com/archive/p/oryx-editor/.
- ↑ "Oryx Editor Github source". https://github.com/tiku01/oryx-editor.
- ↑ "Legal info | Signavio" (in en-US). https://www.signavio.com/legal-info/.
- ↑ "Legal info | Signavio" (in en-US). https://www.signavio.com/legal-info/.
- ↑ "SAP to Acquire Signavio" (in en-US). 2021-01-27. https://news.sap.com/2021/01/sap-to-acquire-signavio/.
- ↑ "SAP Completes Acquisition of Signavio". 5 March 2021. https://news.sap.com/2021/03/signavio-acquisition-complete/.
- ↑ "Rösler prämiert erfolgreichste IKT-Unternehmensgründungen". BMWi. Jun 20, 2011. http://www.bmwi.de/BMWi/Navigation/Presse/pressemitteilungen,did=406252.html.
- ↑ "Go West: The first six IT start-ups are headed for Silicon Valley from January 2012". BMWi. Nov 14, 2011. http://www.bmwi.de/English/Navigation/Press/press-releases,did=457412.html. [|permanent dead link|dead link}}]
External links
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