Bayern's first major signing of the season is to bolster their goalkeeping options ahead of the next campaign. Ulreich pens a three-year-deal at the Allianz Arena.
Bayern Munich has added Stuttgart keeper Sven Ulreich to their squad with the goalkeeper signing a three-year contract with the German champions.
The 26-year-old is expected to replace the departing Pepe Reina as the club's number two goalkeeper behind current number one Manuel Neuer.
According to reports, the clubs agreed a fee of 3.5 million euros ($3.9 million) for Ulreich who began his Stuttgart career at the age of 10.
"I was looking for a new challenge after many years with Stuttgart," said Ulreich.
"FC Bayern is exactly the right place for me to be. I'm really looking forward to the whole team and all the new things I'm set to experience here.
"I want to make a contribution to our success and will always be there when called upon."
After making his Bundesliga debut in 2008, Ulreich went on to make 220 appearances for the Swabians.
Borussia Dortmund's Roman Weidenfeller has been touted as a potential replacement, as has Polish national team keeper Przemyslaw Tyton.
rd/jh (dpa, AP)