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.
C Speed has rebranded as Protora and unveiled three radar product lines, RushLight, DomeWatcher and WingWatcher, backed by LightWave.
Andrej Danko previously served at ServiceNow, Productboard, CEAI, Merlon Intelligence and SAP.
Parry Labs has named Scott DeVona CRO to lead revenue strategy and expand open-architecture interoperability solutions.
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The Defense Information Systems Agency has requested offers for the potential $21.6 billion JWCC UCM Core cloud IDIQ contract.
Whitworth will lead internal operations and defense and intelligence product strategy at Satellogic.
The Space Force awarded the sole-source, cost-plus-award-fee task order covering design, upgrade and integration work.
Northrop Grumman has received a potential $508 million MDA contract for ballistic missile flight test and logistics support.
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OSINT Foundation's Eliot Jardines said advancing OSINT could strengthen the government's use of the data source for national security.
President Trump has appointed Adam Telle, assistant Army secretary for civil works, as acting Army secretary.
From fake USS Abraham Lincoln strike videos to AI F-35 photos, U.S. adversaries are deploying deepfakes to undermine national security.
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