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IT

SAP buys SaaS specialist Qualtrics for USD 8 bln

Monday 12 November 2018 | 08:45 CET | News
Update: 12 November 2018 | 10:40 CET
Software group SAP has announced the acquisition of experience management software company (SaaS) Qualtrics for USD 8 billion. The company will after close become part of SAP's Cloud Business Group, though it will keep its management team and staff, branding and culture. Ryan Smith will continue to lead Qualtrics, which will also keep its dual headquarters in headquarters in Provo, Utah, and Seattle, Washington. 

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[12/11/2018 10:40- Update: added IPO information ]


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Categories: IT
Companies: SAP
Countries: World
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