11/13/18- SAP to buy Qualtrics for $8bn in its lar
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Qualtrics MFA/OOBA https://bit.ly/2PuUqZi
I am posting this news because it mentioned one of my past runner Concur Technologies that SAP bought for $8.3B ( From 31c to $129 )
Quote:
SAP, led by Chief Executive Officer Bill McDermott, has secured financing of €7bn to pay for the purchase, the company said late on Sunday. This is the German company’s largest deal to date, according to data compiled by Bloomberg, topping its 2014 acquisition of Concur Technologies for $7.2bn.
Also, just an FYI: Ryan and Jared Smith Brothers started Qualtrics in their Parents basement