SAP eyeing at its Mobile Network Unit sale

The business generates up to $50 million in annual earnings before interest, taxes, depreciation and amortization and about $250 million in revenue, the people said.

SAP SE, Europe’s biggest tech company by market value, is exploring the sale of a unit that helps telecommunications operators route calls and text messages, people with knowledge of the matter said.

The German firm is working with an adviser to gauge interest in the business and has been speaking to potential buyers, said the people, who asked not to be identified because the matter is private. SAP’s digital interconnect business makes software that allows customers to communicate via phone or text on different carrier networks and processes related payments.

Business software company SAP SE (SAPG.DE) is exploring the sale of a subsidiary that helps telecommunications operators route calls and text messages, Bloomberg reported on Tuesday, citing people with knowledge of the matter.

SAP is working with an adviser to gauge interest in its digital interconnect business and has been speaking to potential buyers, Bloomberg added. A company spokesman declined comment.