<s>
Signavio	B-Application
is	O
a	O
vendor	O
of	O
Business	O
Process	O
Management	O
(	O
BPM	O
)	O
software	O
based	O
in	O
Berlin	O
and	O
Silicon	O
Valley	O
.	O
</s>
<s>
Its	O
main	O
product	O
is	O
Signavio	B-Application
Process	O
Manager	O
,	O
a	O
web-based	O
business	O
process	O
modeling	O
tool	O
.	O
</s>
<s>
The	O
company	O
was	O
acquired	O
by	O
SAP	B-Application
in	O
March	O
2021	O
.	O
</s>
<s>
Prior	O
to	O
Signavio	B-Application
,	O
the	O
founders	O
were	O
involved	O
in	O
development	O
of	O
the	O
world	O
's	O
first	O
web	O
modeler	O
for	O
BPMN	O
at	O
HPI	O
.	O
</s>
<s>
This	O
technology	O
,	O
known	O
as	O
the	O
"	O
Oryx	O
project	O
"	O
,	O
was	O
published	O
under	O
an	O
Open	O
Source	O
license	O
and	O
served	O
as	O
blueprint	O
for	O
the	O
Signavio	B-Application
Process	O
Manager	O
.	O
</s>
<s>
Signavio	B-Application
is	O
headquartered	O
in	O
Berlin	O
,	O
Germany	O
.	O
</s>
<s>
In	O
2012	O
,	O
the	O
company	O
was	O
incorporated	O
in	O
the	O
United	O
States	O
as	O
Signavio	B-Application
Inc	O
.	O
with	O
an	O
office	O
in	O
Burlington	O
,	O
Massachusetts	O
.	O
</s>
<s>
On	O
January	O
21	O
,	O
2021	O
,	O
SAP	B-Application
announced	O
that	O
it	O
would	O
acquire	O
Signavio	B-Application
.	O
</s>
<s>
In	O
2011	O
,	O
the	O
German	O
Federal	O
Ministry	O
of	O
Economy	O
and	O
Technology	O
named	O
Signavio	B-Application
"	O
ICT	O
startup	O
of	O
the	O
Year	O
"	O
and	O
selected	O
the	O
firm	O
for	O
its	O
"	O
German	O
Silicon	O
Valley	O
Accelerator	O
"	O
program	O
.	O
</s>
