SAP Invests EUR250 Million in New Site
October 16 2023 - 4:28AM
Dow Jones News
By Andrea Figueras
SAP said Monday that it invested 250 million euros ($262.8
million) in a new office complex in Berlin.
The German software company said that in the new 13-floor
location, up to 1,300 employees will carry out interdisciplinary
work involving artificial intelligence, blockchain or business
process intelligence.
The new site will help the company to achieve its 2025 goal to
become a leading provider of business artificial intelligence, SAP
said.
Write to Andrea Figueras at andrea.figueras@wsj.com
(END) Dow Jones Newswires
October 16, 2023 05:13 ET (09:13 GMT)
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