Qualtrics International , an experience management software vendor spinning out of SAP suggested price range for its initial public offering from between $20 and $24 to between $22 to $26 per share, with the goal of raising $1.28 billion, Bloomberg reported Tuesday.
The report said Qualtrics plans to trade under the “XM” ticker symbol on Nasdaq and offer 49.2 million shares of common stock.
JPMorgan Chase & Co. and Morgan Stanley will lead the software provider’s offering, the report added.
Germany-based SAP completed its $8 billion acquisition of Qualtrics in January 2019 and indicated its intent to take the latter public in July of last year.
Barry Tanner is now permanent DON CIO and headlines POC's 2026 Navy Summit on Aug. 27, his first public appearance…
Army Contracting Command at Redstone Arsenal awarded Parsons a time-and-materials IDIQ contract.
MANTECH has named tech industry veteran Christopher Copeland chief innovation officer and Navy veteran Brian Keith as digital chief.
Former Bell supply chain executive Michael Loeffler will lead BAE Systems Inc.'s supply chain organization.
Mike Horton spent nearly 18 years at DHS, holding leadership roles such as chief data officer and acting deputy CIO.
CBP plans to reserve the firm-fixed-price C-NET award for small businesses, with Syzygy serving as the incumbent.
Jariet Technologies has operations in the U.S. and Switzerland and specializes in RF transceiver integrated circuits.
The Army has opened an on-ramp solicitation for the TEIS IV contract for USAISEC systems engineering and IT support.
From a $3.5 billion service craft contract to T-6/T-34 aircraft maintenance, see five contract opportunities at the U.S. Navy.
Noblis has acquired FTS International, expanding its intelligence, defense and space mission engineering and analysis capabilities.
The all-cash purchase of Epiq will expand TTM's reach in signals intelligence, electronic warfare and missile defense mission areas.
Gainey's career credits include co-founding the Department of War's first Joint Counter-small Unmanned Aircraft Systems Office in 2020.
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