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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]
| 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 |
History
editThe 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
editIn 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
edit- ^ "SAP Completes Acquisition of Signavio". SAP Signavio. Retrieved 2022-12-10.
- ^ "Strategieschwenk kommt SAP teuer zu stehen". www.handelsblatt.com. Retrieved 2023-10-18.
- ^ "Hasso-Plattner-Institut Alumni Startups". HPI. Archived from the original on May 3, 2012. Retrieved May 2, 2012.
- ^ "Oryx-Editor Google Code source". Retrieved October 14, 2020.
- ^ "Oryx Editor Github source". GitHub. Retrieved October 14, 2020.
- ^ "Legal info | Signavio". Signavio | The Only All-in-One Business Process Software. Retrieved 2021-02-16.
- ^ "Legal info | Signavio". Signavio | The Only All-in-One Business Process Software. Retrieved 2021-02-16.
- ^ "SAP to Acquire Signavio". SAP News Center. 2021-01-27. Retrieved 2021-02-16.
- ^ "SAP Completes Acquisition of Signavio". 5 March 2021.
- ^ "Rösler prämiert erfolgreichste IKT-Unternehmensgründungen". BMWi. June 20, 2011. Archived from the original on April 1, 2012. Retrieved April 17, 2012.
- ^ "Go West: The first six IT start-ups are headed for Silicon Valley from January 2012". BMWi. Nov 14, 2011. Retrieved Apr 17, 2012. [dead link]