WALLDORF, Germany, June 28,
2023 /PRNewswire/ -- SAP SE (NYSE: SAP)
today announced that Silver Lake Management, the global leader in
technology investing, and its co-investors along with the Canada
Pension Plan Investment Board (CPPIB), have completed the
acquisition of all the issued and outstanding shares of Qualtrics,
including all shares owned by SAP, at a purchase price of
US$18.15 in cash per share. SAP will
remain a close go-to-market and technology partner
to Qualtrics, servicing joint customers and continuing to
contribute to their success.
Visit the SAP News Center. Follow SAP on Twitter at
@SAPNews.
About SAP
SAP's strategy is to help every business run as an intelligent,
sustainable enterprise. As a market leader in enterprise
application software, we help companies of all sizes and in all
industries run at their best: SAP customers generate 87% of total
global commerce. Our machine learning, Internet of Things (IoT),
and advanced analytics technologies help turn customers' businesses
into intelligent enterprises. SAP helps give people and
organizations deep business insight and fosters collaboration that
helps them stay ahead of their competition. We simplify technology
for companies so they can consume our software the way they want –
without disruption. Our end-to-end suite of applications and
services enables business and public customers across 25 industries
globally to operate profitably, adapt continuously, and make a
difference. With a global network of customers, partners,
employees, and thought leaders, SAP helps the world run better and
improve people's lives. For more information, visit
www.sap.com.
This document contains forward-looking statements, which are
predictions, projections, or other statements about future events.
These statements are based on current expectations, forecasts, and
assumptions that are subject to risks and uncertainties that could
cause actual results and outcomes to materially differ. Additional
information regarding these risks and uncertainties may be found in
our filings with the Securities and Exchange Commission, including
but not limited to the risk factors section of SAP's 2022 Annual
Report on Form 20-F.
© 2023 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as
their respective logos are trademarks or registered trademarks of
SAP SE in Germany and other
countries. Please see https://www.sap.com/copyright for
additional trademark information and notices.
Note to editors:
To preview and download broadcast-standard stock footage and press
photos digitally, please visit www.sap.com/photos. On this
platform, you can find high resolution material for your media
channels. To view video stories on diverse topics,
visit www.sap-tv.com. From this site, you can embed videos
into your own Web pages, share video via email links, and subscribe
to RSS feeds from SAP TV.
For customers interested in learning more about SAP
products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1SAP (1-800-872-1727)
Please consider our privacy policy. If you received this press
release in your e-mail and you wish to unsubscribe to our mailing
list please contact press@sap.com and write Unsubscribe in the
subject line.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/sap-completes-sale-of-its-stake-in-qualtrics-as-silver-lake-and-cpp-investments-complete-qualtrics-acquisition-301864877.html
SOURCE SAP SE
