Global software and ERP giant SAP has sold its entire stake in Qualtrics as part of a definitive agreement to acquire the experience management platform entered into by Silver Lake, a technology investment firm, and Canada Pension Plan Investments.SAP had owned a controlling share in Qualtrics.The all-cash agreement reflects a $12.5 billion valuation of Qualtrics.
#applications #acquisition #customer-experience #product-design #east-village #digital-technology #employee-engagement
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