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TechWolf co-founder and CTO Jeroen Van Hautte said on the Tech.eu podcast that Ghent's flywheel effect is "super important." The remark came after SAP announced its acquisition of TechWolf. According to Tech.eu, TechWolf is a Belgian startup that uses AI to help companies understand employees' skills and work; the deal is valued in the hundreds of millions of dollars and is reportedly the largest acquisition of a venture-backed software company in Belgian history. At present, the only evidence-backed facts are the podcast remark and the acquisition background; there are no further developments yet.
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Oct 19
Tech.eu
TechWolf co-founder: Ghent flywheel effect is "super important"
TechWolf co-founder and CTO Jeroen Van Hautte said on the Tech.eu podcast that Ghent's flywheel effect is "super important." This follows SAP's announcement that it will acquire the Belgian startup, which uses AI to help companies understand employees' skills and work, in a deal valued at hundreds of millions of dollars and reportedly the largest acquisition of a venture-backed software company in Belgian history.