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Latest Stories and News

SAP will spin out its $8B spin-in Qualtrics acquisition

  • TechCrunch
  • 2 months ago
  • Less than two years after German software giant SAP snatched experience management platform Qualtrics for $8 billion days before the startup’s IPO debut, it has now decided to spin out the company in a brand new IPO.
  • SAP said that Qualtrics had seen cloud growth “in excess of 40 percent” in a quote attributed to SAP CEO Christian Klein. The company will continue to be run by founder and former CEO Ryan Smith, who joined SAP with Qualtrics and led the organization within the German conglomerate.
SAP will spin out its $8B spin-in Qualtrics acquisition

Steffen Kötte

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Senior Developer, mostly focusing on iOS App, but with broad experience from DevOps to web development.

Amine Afia

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Passionate grad at the KIT & INP Grenoble. Driven by the impact software has and the cool problems SDEs get to work on! I'm a fast learner and unlimited energy!

Swapnil Deshpande

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Works at SAP.