SAP SE buying Qualtrics for US $8B
Qualtrics, the business survey and research software unicorn on the verge of an IPO, will not be going public after all. Instead, software giant SAP SE announced on Sunday that it will acquire the Utah-based company for $8 billion in cash.
“SAP CEO Bill McDermott was jacked up today about his company’s $8 billion Qualtrics acquisition over the weekend. You would expect no less for such a big deal. McDermott believes the data Qualtrics provides could bridge the gap between his company’s operational data and customer, data wherever that resides.”
About Qualtrics :
Qualtrics is a private management company, with co-headquarters in Provo, Utah and Seattle, Washington, in the United States.
SAP SE buying Qualtrics for US $8B <