SAP : Acquisition of Qualtrics for $ 8bn in user experience
>Acquisition of Qualtrics for $Â 8bn - Yesterday evening SAP announced the acquisition of 100% of US company Qualtrics for $Â 8bn in cash. Following this acquisition, SAP will still have a net debt / EBITDA 2019 ratio of <1x.Qualtrics publishes so-called experience management solutions, i.e. software that collects user and customer experience data (satisfaction, loyalty, etc.) on web platforms. More marginally, the group also provides solutions to measure employee ...SAP is engaged in selling licenses for software solutions and related support services. Co. derives its revenue from fees charged to its customers for the use of its cloud solutions and for licensing of on-premise software products and solutions. Additional sources of revenue are support, professional services, development, training, and other services. Co. has more than 300,000 customers in over 180 countries. Co.'s SAP HANA platform holds the ability to simplify both the user experience and the overall IT landscape, creating a smaller data footprint, increased system throughput, and easier data processing and operation.
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