Meta names Assaf Keren, a former chief security officer at Qualtrics and a former CISO at PayPal, as its next CISO, succeeding Guy Rosen, who will leave in 2026
Meta Platforms Inc. tapped a veteran cybersecurity executive to serve as its next chief information security officer, filling a key opening after its former CISO announced plans to depart last month.L...
Sources: a JPMorgan-led bank group halted a $5.3B debt deal for Qualtrics, whose existing $1.5B loan trades at 86 cents on the dollar, on weak investor interest
A group of banks led by JPMorgan Chase & Co. halted a $5.3 billion debt deal for software firm Qualtrics International Inc …
Qualtrics agrees to acquire Press Ganey Forsta, which helps health care companies compile patient and doctor feedback in surveys, for $6.75B including debt
Financial Times :
Qualtrics founder and Utah Jazz owner Ryan Smith launches a $1B fund aimed at connecting tech startups with sports and entertainment across 20 to 25 investments
Utah Jazz owner and Qualtrics cofounder Ryan Smith is teaming up with Accel pal Ryan Sweeney to launch HXCO …
Sources: Thoma Bravo missed out on acquiring Qualtrics, which sold to Silver Lake and CPP for $12.5B in March, due to fears over a US antitrust investigation
Financial Times : Tweets: @antoinegara Tweets: Antoine Gara / @antoinegara : Big scoop from our deal team @EricGPlatt @JFK_America & myself on how Thoma Bravo missed out on the largest U.S. LBO of th...
US private equity firm Silver Lake and Canada's largest pension fund plan to acquire Qualtrics for $12.5B, or $18.15 per share, as SAP divests its 71% stake
Antoine Gara / Financial Times :
US private equity firm Silver Lake and a Canadian pension fund offer to acquire Qualtrics for $12.4B as majority owner SAP looks to divest its 71% stake
Deal for survey software group would be one of largest this year — US private equity group Silver Lake and one of Canada's largest pension funds …
German software maker SAP plans to cut ~3,000 jobs in 2023, or 2.5% of its staff, and explore selling its remaining Qualtrics stake; SAP stock is down 12% YTD
SAP SE is planning to cut about 3,000 jobs this year while exploring a sale of its remaining stake in Qualtrics International Inc …
Qualtrics reports Q4 revenue of $316M, up 48% YoY vs. est. $298M, subscription revenue of $259M, up 61% YoY, closing its first fiscal year with $1B+ revenue
SAP's Qualtrics reports Q3 revenue of $271.6M, up 41% YoY, subscription revenue of $220.3M, up 49% YoY, Q4 projected sales of $297M, vs $264M est.; stock up 5%+
Stephen Nellis / Reuters :