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SAP plans Qualtrics IPO, two years after $8 billion acquisition. - Business Insider

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Qualtrics is going public less than 2 years after SAP bought the Utah-based cloud software company for $8 billion

its intent to acquire the company at an $8 billion price tag. Now, it looks like Qualtrics will get a second shot at the public markets, as SAP announced on Sunday its plans to take the subsidiary public.

, reporting revenues of €6.74 billion — up about 2% from the same period of 2019, and reiterating its guidance for the year. Following that report, SAP's stock has been on a slow climb and is now up some 16% from last year.

 

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