SAP to acquire Qualtrics

#1

Post by peterkshultz » Sun, Nov 11, 2018, 11:38 PM UTC

Re: SAP to acquire Qualtrics

#2

Post by devmunchies » Mon, Nov 12, 2018, 1:04 AM UTC

This is very surprising. They were prepping to go public for a couple years, even stacking their c-suite with ex-microsoft executives.

(I left Qualtrics a year ago.)

Re: SAP to acquire Qualtrics

#3

Post by malshe » Mon, Nov 12, 2018, 1:23 AM UTC

devmunchies wrote: post #2

This is very surprising. They were prepping to go public for a couple years, even stacking their c-suite with ex-microsoft executives. (I left Qualtrics a year ago.)

I am baffled by the valuation. I use Qualtrics often for data collection but I never knew it was valued at multiple billions. What's their main revenue source? I don't believe that B Schools pay them so much to warrant this kind of valuation.

Re: SAP to acquire Qualtrics

#4

Post by userbinator » Mon, Nov 12, 2018, 1:24 AM UTC

Apparently "experience management" is now the euphemism of choice for user-tracking... I have their domains blocked in my HOSTS file, and they're one of the ones known for tracking mouse movements and clicks on pages. I hope I do not have to block SAP too...

Re: SAP to acquire Qualtrics

#5

Post by dmode » Mon, Nov 12, 2018, 1:29 AM UTC

Having worked previously at another SAP acquisition, this is pretty much the beginning of end for Qualtrics

Re: SAP to acquire Qualtrics

#6

Post by whimsical_toad » Mon, Nov 12, 2018, 1:36 AM UTC

dmode wrote: post #5

Having worked previously at another SAP acquisition, this is pretty much the beginning of end for Qualtrics

Care to share more details than that?

Re: SAP to acquire Qualtrics

#7

Post by cyrux004 » Mon, Nov 12, 2018, 1:44 AM UTC

malshe wrote: post #3

devmunchies wrote: post #2

This is very surprising. They were prepping to go public for a couple years, even stacking their c-suite with ex-microsoft executives. (I left Qualtrics a year ago.)

I am baffled by the valuation. I use Qualtrics often for data collection but I never knew it was valued at multiple billions. What's their main revenue source? I don't believe that B Schools pay them so much to warrant this kind of valuation.

Enterprises. Although at Qualtrics, University usage is often cherished since that's where they started to get popular

Re: SAP to acquire Qualtrics

#8

Post by Rjevski » Mon, Nov 12, 2018, 2:21 AM UTC

userbinator wrote: post #4

Apparently "experience management" is now the euphemism of choice for user-tracking... I have their domains blocked in my HOSTS file, and they're one of the ones known for tracking mouse movements and clicks on pages. I hope I do not have to block SAP too...

> I do not have to block SAP too...

Just FYI, nothing of value will be lost if you do.

Re: SAP to acquire Qualtrics

#9

Post by twtw » Mon, Nov 12, 2018, 3:09 AM UTC

> acquire all outstanding shares of Qualtrics for US$8 billion in cash

2017 profit of $2.6M on revenue of $290M. Please ELI5, how does someone decide on a price 26x higher than earnings?

EDIT: 3077x earnings - thanks 'adventured.

Re: SAP to acquire Qualtrics

#10

Post by twtw » Mon, Nov 12, 2018, 3:10 AM UTC

malshe wrote: post #3

devmunchies wrote: post #2

This is very surprising. They were prepping to go public for a couple years, even stacking their c-suite with ex-microsoft executives. (I left Qualtrics a year ago.)

I am baffled by the valuation. I use Qualtrics often for data collection but I never knew it was valued at multiple billions. What's their main revenue source? I don't believe that B Schools pay them so much to warrant this kind of valuation.

2017 profit of $2.6M.