SAP is buying Utah-based startup Qualtrics for $8 billion — days before it's scheduled to IPO (SAP)
SAP has announced its intent to buy Qualtrics for $8 billion.
Qualtrics is a Utah-based startup that helps companies gather feedback and refine their products.
Qualtrics, which was last valued at $2.5 billion, was just days away from its IPO.
That IPO could have valued the company at $5 billion or more, right out of the gate.SAP, the German database giant, has announced an $8 billion all-cash deal to acquire Utah-based Qualtrics, a startup last privately valued at $2.5 billion.
Notab
Read more »