SAP Completes Sale of Its Stake in Qualtrics as Silver Lake and CPP Investments Complete Qualtrics Acquisition | Martech Edge | Best News on Marketing and Technology
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SAP Completes Sale of Its Stake in Qualtrics as Silver Lake and CPP Investments Complete Qualtrics Acquisition

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SAP Completes Sale of Its Stake in Qualtrics as Silver Lake and CPP Investments Complete Qualtrics Acquisition

SAP Completes Sale of Its Stake in Qualtrics as Silver Lake and CPP Investments Complete Qualtrics Acquisition

PR Newswire

Published on : Jun 30, 2023

SAP SE 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.