SAP explores sale of digital interconnect business - Bloomberg

SAP explores sale of digital interconnect business - Bloomberg

Business software company SAP SE is exploring the sale of a subsidiary that helps telecommunications operators route calls and text messages, Bloomberg reported on Tuesday, citing people with knowledge of the matter.

SAP logo at SAP headquarters in Walldorf
FILE PHOTO: SAP headquarters in Walldorf, Germany, January 24, 2017. REUTERS/Ralph Orlowski/File photo

BERLIN: Business software company SAP SE is exploring the sale of a subsidiary that helps telecommunications operators route calls and text messages, Bloomberg reported on Tuesday, citing people with knowledge of the matter.

SAP is working with an adviser to gauge interest in its digital interconnect business and has been speaking to potential buyers, Bloomberg added. A company spokesman declined comment.

(Reporting by Douglas Busvine; Editing by Michelle Martin)

Source: Reuters

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