Por: MarketWatch Business April 21, 2023
Cloud revenue at constant currencies should come in between EUR14 billion and EUR14.4 billion, below a previous forecast of EUR15.3 billion to EUR15.7 billion. SAP said its new guidance only covers continuing operations as U.S. private equity firm Silver Lake and Canada Pension Plan Investment Board agreed in March to acquire SAP’s majority stake in experience-management software company Qualtrics for roughly $7.7 billion. SAP owned 71% of... + full article
MarketWatch USA Business March 06, 2023
In early February, Silver Lake in a Securities and Exchange Commission filing that it planned to bid for Qualtrics. Silver Lake already holds about 13.9% of the company’s Class A shares, or about 4.1% of the company’s overall shares outstanding. SAP owns 100% of the... + más
Qualtrics Stock Soars as SAP Seeks to Exit Majority Stake | MarketWatch
Qualtrics Receives a Take-Private Bid From Silver Lake. Stock Rises. | MarketWatch
Fox Business USA Business January 27, 2023
Former Council of Economic Advisers Chairman Kevin Hassett reacts to some Big Tech giants slashing jobs, telling 'Cavuto: Coast to Coast' that data indicates the economy is heading toward a recession. SAP will slash its headcount by roughly 2.5%, the Germany-based... + más
SAP to cut 3,000 roles, explore sale of Qualtrics stake | CNBC
MarketWatch USA Business January 26, 2023
Along with reporting earnings, SAP said Tuesday it has retained Morgan Stanley as a financial advisor on the potential sale of the position. SAP acquired Qualtrics for $8 billion in cash in 2019; the current market cap is $6.6 billion. Qualtrics shares surged 29% on Thursday to... + más
SAP reducing headcount by up to 3,000 | Fox Business
“While we know these changes are necessary, it is never easy to make decisions that affect our colleagues in this way,” Chief Executive Christian Klein said on the company’s earnings call, according to a transcript provided by Sentieo. On the company’s investor site,... + más
CNBC USA Tech January 26, 2023
In this articlewatch nowVIDEO3:1003:10The business environment is not getting easier in the short-term, says SAP CFOGerman enterprise software firm said Thursday that it will be cutting up to 3,000 jobs, or about 2.5% of its workforce, becoming the latest tech giant to announce... + más
Forbes USA Tech November 16, 2022
Construction worker wearing harness on scaffolding at construction site, City of London, UK. (Photo ... [+] by Damian Gillie/Construction Photography/Avalon/Getty Images)Getty Images Software is scarce. To be clearer, there is a relative global scarcity of software application... + más
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