EXA AG joined hands with SNP Schneider-Neureither & Partner SE on 24 February 2021. With this move, SNP SE now has a majority stake in EXA AG.

SNP SE is a leading global provider of solutions for digital transformation processes and software-based data migrations. With the CrystalBridge Data Transformation Platform and the SNP BLUEFIELD approach, IT landscapes can be restructured and modernized much more quickly and securely, and data can be migrated reliably into new systems or cloud environments. Customers benefit from considerable advantages in terms of quality, time, and costs. The Heidelberg-based SNP Group has a global workforce of around 1,500 employees.

“EXA AG is a perfect complement to our existing offering. It strengthens our software segment, deepens value creation and allows us to offer our customers additional solutions that go beyond the actual data transformation,” says Michael Eberhardt, CEO of SNP.

“This step heralds the next stage of EXA’s development. Together with SNP, we can tap into important markets even faster and accelerate the development and provision of our finance solutions. In this respect, we are also focusing on continuity through our close collaboration with SAP, thereby increasing the benefits for our customers,” explains Divya Vir Rastogi, CEO of EXA AG.

For more information, please see here:
SNP Expands Portfolio by Acquiring Software Specialist EXA AG Link opens in a new window/tab