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Sunday, December 15, 2019 8:25:13 PM
Yes 8 billion dollars, which was a 20X multiple, by SAP... who is SAP, it's one of the largest, if not the largest ERP software platforms in the world!
My current company that I work for uses SAP, and they have been integrating Qualtrics systems.
SAP is especially well-known for its Enterprise Resource Planning (ERP) and data management programs.
SAP is an acronym for Systems, Applications and Products.
Again, Beyond Commerce is doing the same thing as Qualtrics is, plus it appears more in terms of data analysis(predictive) algorithms.
Qualtrics getting bought at a 20X multiple, which is astromatically high and unheard of!
Here is a good quick article:
https://www.google.com/amp/s/techcrunch.com/2018/11/11/sap-agrees-to-buy-qualtrics-for-8b-in-cash-just-before-the-survey-software-companys-ipo/amp/
There is also a lot of action lately with Qualtrics and SAP recently, google it.
My thoughts/opinions are my own, based on research & DD, best to find your own! I invest for myself/ family 1st, then everybody else.. the same as any business!
Please do not buy, sell, hold based on my opinion!
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