SAP SE (NYSE:SAP) shares fell on Friday after the company announced plans to acquire Reltio Inc. The move aims to strengthen its data capabilities and expand enterprise AI use cases.

Deal Overview And Strategic Impact

SAP said the deal is expected to close in the second or third quarter of 2026, pending regulatory approvals. The company did not disclose financial terms.

The acquisition will enhance SAP's Business Data Cloud platform. It will help customers unify and harmonize data across SAP and non-SAP systems. As a result, businesses can better support enterprise-wide agentic AI.

Reltio will also remain available as a standalone product while becoming a core part of SAP BDC.

Reltio Platform And Financial Position

Reltio's platform creates a single "golden record" by combining data from multiple sources. This improves data quality, consistency, and reliability for AI-driven insights.

In addition, the platform supports real-time, multi-agent workflows. It also offers industry-specific solutions that reduce data fragmentation and improve decision-making.

"Reltio is a natural fit with SAP," said Muhammad Alam, member of the Executive Board of SAP SE, SAP Product & Engineering.

"Acquiring them will further improve our position as a leading business AI provider, combining SAP and non-SAP data to deliver data context that business AI requires. AI cannot reach its full potential when data is fragmented across business units, platforms and domains without connection or context."

SAP reported cash and cash equivalents of 8.33 billion euros (about $9.61 billion) as of Dec. 31, 2025.

SAP Price Action

SAP shares were down 1.42% at $164.70 at the time of publication on Friday. The stock is trading at a new 52-week low, according to Benzinga Pro data.

Image via Shutterstock