By Mauro Orru

SAP SE said Wednesday that it has agreed to acquire business process intelligence company Signavio GmbH.

The German software company didn't disclose financial details for the transaction, which should close in the first quarter, subject to regulatory approval.

"Signavio's capabilities in making business processes intelligent are highly complementary with our own," Rouven Morato, general manager for business process intelligence at SAP, said.

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

(END) Dow Jones Newswires

01-27-21 1032ET