Signavio is a vendor of
Business Process Management
Business process management (BPM) is the discipline in which people use various methods to discover, model, analyze, measure, improve, optimize, and automate business processes. Any combination of methods used to manage a company's business ...
(BPM) software based in
Berlin
Berlin is Capital of Germany, the capital and largest city of Germany, both by area and List of cities in Germany by population, by population. Its more than 3.85 million inhabitants make it the European Union's List of cities in the European U ...
and
Silicon Valley
Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical areas San Mateo Count ...
. Its main product is Signavio Process Manager, a web-based
business process
A business process, business method or business function is a collection of related, structured activities or tasks by people or equipment in which a specific sequence produces a service or product (serves a particular business goal) for a parti ...
modeling tool. The company was acquired by
SAP
Sap is a fluid transported in xylem cells (vessel elements or tracheids) or phloem sieve tube elements of a plant. These cells transport water and nutrients throughout the plant.
Sap is distinct from latex, resin, or cell sap; it is a separ ...
in March 2021 for 950 million euros.
History
The company was founded by a team of alumni from
Hasso Plattner Institute
The Hasso Plattner Institute (Hasso-Plattner-Institut für Digital Engineering gGmbH), abbreviated HPI, is a German information technology institute and faculty of the University of Potsdam located in Potsdam near Berlin. The teaching and ...
(HPI) in
Potsdam
Potsdam () is the capital and, with around 183,000 inhabitants, largest city of the German state of Brandenburg. It is part of the Berlin/Brandenburg Metropolitan Region. Potsdam sits on the River Havel, a tributary of the Elbe, downstream of B ...
,
Germany
Germany, officially the Federal Republic of Germany (FRG),, is a country in Central Europe. It is the most populous member state of the European Union. Germany lies between the Baltic and North Sea to the north and the Alps to the sou ...
.
Prior to Signavio, the founders were involved in development of the world's first web modeler for BPMN at HPI. This technology, known as the "Oryx project", was published under an Open Source license and served as blueprint for the Signavio Process Manager.
Signavio is headquartered in Berlin, Germany. In 2012, the company was incorporated in the United States as Signavio Inc. with an office in
Burlington
Burlington may refer to:
Places Canada Geography
* Burlington, Newfoundland and Labrador
* Burlington, Nova Scotia
* Burlington, Ontario, the most populous city with the name "Burlington"
* Burlington, Prince Edward Island
* Burlington Bay, ...
,
. The company is fully owned by the founders and staff.
On January 21, 2021, SAP announced that it would acquire Signavio. The acquisition was completed on March 5, 2021.
Awards
In 2011, the German
Federal Ministry of Economy and Technology named Signavio "ICT startup of the Year"
and selected the firm for its "German Silicon Valley Accelerator" program.
[ ]
References
External links
* {{Official website, www.signavio.com
Software companies of Germany
Companies based in Berlin
Diagramming software
Technical communication tools
Windows graphics-related software
Unix software
Vector graphics editors
Graphics software
Workflow applications
2021 mergers and acquisitions