Experience management software company Qualtrics has filed for an initial public offering, two years after being acquired by SAP.
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SAP acquired Provo, Utah-based Qualtrics for $8 billion in 2018, four days before the latter was supposed to go public. SAP announced its plans to take Qualtrics public in July of this year.
“We decided that an IPO would provide the greatest opportunity for Qualtrics to grow the experience management category, serve its customers, explore its own acquisition strategy and continue building the best talent,” SAP CEO Christian Klein said in a July statement. “SAP will remain Qualtrics’ …
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