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Software AG information


Software AG
Company typePublic
Traded as
FWB: SOW
IndustryComputer software
Founded1969; 55 years ago (1969)
HeadquartersDarmstadt, Germany
Key people
  • Sanjay Brahmawar, CEO
    Totkam Khatibzade
    Gross Bernd
    Stefan Sigg
  • Karl-Heinz Streibich, Chairman of the Supervisory Board
ProductsDigital Transformation & Internet of Things software and consulting including ARIS, webMethods, Adabas & Natural, NaturalONE, Apama, Cumulocity, Zementis, Alfabet, Mashzone Nextgen, CONNX, and Terracotta
RevenueIncrease €958.2 million (2022)[1]
Operating income
Decrease €75.6 million (2022)[1]
Net income
Decrease €19.2 million (2022)[1]
Total assetsIncrease €2678.4 million (2022)[1]
Total equityIncrease €1511.2 million (2022)[1]
Owner
  • Silver Lake (2023–present)
Number of employees
4996 (FTE, 2022)[1]
Websitewww.softwareag.com

Software AG is a German multinational software corporation that develops enterprise software for business process management, integration, and big data analytics. Founded in 1969, the company is headquartered in Darmstadt, Germany, and has offices worldwide.

With over 10,000 enterprise customers in over 70 countries, it is the second largest software vendor in Germany, and the seventh largest in Europe.[2] Software AG is traded on the Frankfurt Stock Exchange under the symbol “SOW” and part of the technology index TecDAX.[3]

In 2023, Silver Lake and Bain Capital made separate offers to buy the German company. In June, Software AG had most of its controlling interest acquired by Silver Lake, in a deal valued at 2.4 billion euros.[4][5]

  1. ^ a b c d e f "Software AG Profit & Loss account, Software AG Financial Statement & Accounts".
  2. ^ "European software vendors ranking 2014". TRUFFLE CAPITAL. Retrieved 22 May 2015.
  3. ^ "Software AG O.N. (Frankfurt) Stock Price - SOW". ADVFN. 2018. Retrieved May 7, 2018.
  4. ^ "Silver Lake acquires majority stake in Software AG". Private Equity Eire. Retrieved 2023-07-28.
  5. ^ "US private equity firm Silver Lake acquires majority stake in Software AG at €2.4 billion, intends to delist the company ASAP". Tech.eu. 30 June 2023. Retrieved 2023-07-28.

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