<s>
Qualtrics	B-Application
is	O
an	O
American	O
experience	O
management	O
company	O
,	O
with	O
co-headquarters	O
in	O
Seattle	O
,	O
Washington	O
,	O
and	O
Provo	O
,	O
Utah	O
,	O
in	O
the	O
United	O
States	O
.	O
</s>
<s>
Qualtrics	B-Application
offers	O
a	O
cloud-based	O
subscription	O
software	O
platform	O
for	O
experience	O
management	O
,	O
which	O
it	O
launched	O
in	O
March	O
2017	O
.	O
</s>
<s>
On	O
November	O
11	O
,	O
2018	O
,	O
it	O
was	O
announced	O
that	O
Qualtrics	B-Application
would	O
be	O
acquired	O
by	O
SAP	B-Application
for	O
US$8	O
billion	O
.	O
</s>
<s>
On	O
July	O
26	O
,	O
2020	O
,	O
SAP	B-Application
announced	O
its	O
intent	O
to	O
take	O
Qualtrics	B-Application
to	O
the	O
public	O
,	O
and	O
on	O
January	O
28	O
,	O
2021	O
,	O
Qualtrics	B-Application
began	O
trading	O
on	O
the	O
Nasdaq	O
.	O
</s>
<s>
In	O
March	O
2023	O
,	O
an	O
investor	O
group	O
led	O
by	O
private	O
equity	O
firm	O
Silver	O
Lake	O
agreed	O
to	O
take	O
Qualtrics	B-Application
private	O
.	O
</s>
<s>
On	O
October	O
19	O
,	O
2018	O
,	O
Qualtrics	B-Application
filed	O
their	O
S-1	O
registration	O
statement	O
with	O
the	O
intention	O
of	O
raising	O
gross	O
proceeds	O
of	O
$200	O
million	O
through	O
an	O
initial	O
public	O
offering	O
(	O
IPO	O
)	O
of	O
its	O
Class	O
B	O
shares	O
.	O
</s>
<s>
The	O
company	O
was	O
meant	O
to	O
be	O
listed	O
on	O
the	O
NASDAQ	O
exchange	O
under	O
the	O
ticker	O
"	O
XM	O
"	O
in	O
reference	O
to	O
their	O
flagship	O
experience	O
management	O
product	O
,	O
the	O
Qualtrics	B-Application
XM	O
Platform	O
.	O
</s>
<s>
Plans	O
for	O
the	O
IPO	O
were	O
scrapped	O
when	O
it	O
was	O
announced	O
in	O
November	O
2018	O
that	O
Qualtrics	B-Application
would	O
be	O
acquired	O
by	O
SAP	B-Application
(	O
NYSE	O
:	O
SAP	B-Application
)	O
.	O
</s>
<s>
In	O
2020	O
,	O
Qualtrics	B-Application
earned	O
a	O
‘	O
Leader’	O
designation	O
in	O
Gartner	O
's	O
Magic	O
Quadrant	O
for	O
Voice	O
of	O
Customer	O
,	O
a	O
‘	O
leader’	O
designation	O
in	O
Forrester	O
's	O
Employee	O
Experience	O
for	O
Enterprise	O
wave	O
,	O
and	O
the	O
top	O
ranking	O
in	O
G2	O
's	O
Experience	O
Management	O
category	O
.	O
</s>
<s>
In	O
2016	O
,	O
Qualtrics	B-Application
was	O
ranked	O
#12	O
on	O
the	O
Forbes	O
Cloud	O
100	O
list	O
,	O
moving	O
to	O
#6	O
in	O
2017	O
.	O
</s>
<s>
In	O
March	O
2020	O
,	O
Qualtrics	B-Application
 '	O
CoreXM	O
platform	O
was	O
named	O
a	O
2020	O
gold	O
winner	O
by	O
the	O
Edison	O
Awards	O
in	O
the	O
Applied	O
Technology	O
category	O
.	O
</s>
<s>
In	O
May	O
2016	O
,	O
Qualtrics	B-Application
acquired	O
statistical	O
analysis	O
startup	O
Statwing	O
for	O
an	O
undisclosed	O
sum	O
.	O
</s>
<s>
In	O
November	O
2018	O
,	O
SAP	B-Application
announced	O
its	O
intent	O
to	O
acquire	O
Qualtrics	B-Application
.	O
</s>
<s>
SAP	B-Application
acquired	O
all	O
outstanding	O
shares	O
of	O
Qualtrics	B-Application
for	O
US$8	O
billion	O
in	O
an	O
all	O
cash	O
deal	O
.	O
</s>
<s>
SAP	B-Application
secured	O
€7	O
billion	O
in	O
financing	O
.	O
</s>
<s>
At	O
the	O
time	O
it	O
was	O
announced	O
,	O
the	O
Qualtrics	B-Application
acquisition	O
was	O
SAP	B-Application
's	O
second-biggest	O
purchase	O
ever	O
,	O
behind	O
the	O
$8.3	O
billion	O
acquisition	O
of	O
travel	O
and	O
expense	O
management	O
firm	O
Concur	O
in	O
2014	O
.	O
</s>
<s>
On	O
26	O
July	O
2020	O
,	O
SAP	B-Application
announced	O
its	O
intent	O
to	O
take	O
Qualtrics	B-Application
public	O
through	O
an	O
IPO	O
in	O
the	O
United	O
States	O
.	O
</s>
<s>
According	O
to	O
SAP	B-Application
,	O
the	O
decision	O
to	O
go	O
public	O
was	O
made	O
due	O
to	O
Qualtrics	B-Application
 '	O
performance	O
since	O
the	O
acquisition	O
,	O
with	O
2019	O
cloud	O
growth	O
in	O
excess	O
of	O
40	O
percent	O
.	O
</s>
<s>
SAP	B-Application
's	O
stated	O
intent	O
is	O
to	O
remain	O
the	O
majority	O
shareholder	O
.	O
</s>
<s>
In	O
his	O
view	O
,	O
SAP	B-Application
could	O
n't	O
find	O
a	O
way	O
to	O
co-exist	O
with	O
the	O
younger	O
,	O
more	O
nimble	O
Qualtrics	B-Application
.	O
</s>
<s>
On	O
January	O
28	O
,	O
2021	O
,	O
Qualtrics	B-Application
began	O
trading	O
on	O
the	O
Nasdaq	O
at	O
$41.85	O
per	O
share	O
.	O
</s>
<s>
On	O
January	O
11	O
,	O
2021	O
,	O
technical	O
trade	O
media	O
noted	O
that	O
Brad	O
Anderson	O
,	O
a	O
high	O
level	O
executive	O
of	O
Microsoft	O
,	O
was	O
leaving	O
for	O
Qualtrics	B-Application
.	O
</s>
<s>
In	O
May	O
2022	O
,	O
Qualtrics	B-Application
announced	O
that	O
they	O
will	O
go	O
live	O
on	O
Amazon	O
Web	O
Services	O
(	O
AWS	O
)	O
cloud	O
infrastructure	O
in	O
London	O
in	O
the	O
second	O
half	O
of	O
2022	O
.	O
</s>
<s>
Qualtrics	B-Application
customers	O
will	O
be	O
able	O
to	O
access	O
Qualtrics	B-Application
XM/OS	O
platform	O
locally	O
via	O
AWS	O
London	O
region	O
.	O
</s>
<s>
Furthermore	O
,	O
Qualtrics	B-Application
announced	O
that	O
they	O
will	O
be	O
opening	O
a	O
London	O
office	O
and	O
customer	O
experience	O
centre	O
.	O
</s>
<s>
In	O
March	O
2023	O
,	O
a	O
group	O
of	O
investors	O
including	O
private	O
equity	O
firm	O
Silver	O
Lake	O
,	O
CPP	O
Investment	O
Board	O
,	O
and	O
co-founder	O
Ryan	O
Smith	O
agreed	O
to	O
buy	O
Qualtrics	B-Application
from	O
SAP	B-Application
in	O
an	O
all-cash	O
deal	O
worth	O
$12.5	O
billion	O
.	O
</s>
<s>
Qualtrics	B-Application
launched	O
its	O
experience	O
management	O
platform	O
in	O
March	O
2017	O
.	O
</s>
<s>
Quantitative	O
statistical	O
analysis	O
performed	O
with	O
Qualtrics	B-Application
has	O
been	O
cited	O
in	O
a	O
number	O
of	O
professional	O
and	O
academic	O
journals	O
.	O
</s>
<s>
Qualtrics	B-Application
became	O
the	O
first	O
employee	O
management	O
platform	O
measuring	O
employee	O
experiences	O
through	O
key	O
metrics	O
powered	O
by	O
predictive	O
intelligence	O
.	O
</s>
<s>
Researchers	O
have	O
used	O
it	O
as	O
a	O
survey	O
tool	O
and	O
combine	O
it	O
with	O
SPSS	B-Algorithm
to	O
analyze	O
their	O
survey	O
data	O
on	O
employee	O
experiences	O
and	O
many	O
other	O
types	O
of	O
survey	O
data	O
.	O
</s>
