SAP SE (SAPG.DE)
14 Dec 2018
BARCELONA Germany's SAP hit back at suggestions that the German business software group is paying too much for Qualtrics, a U.S. company that specializes in tracking consumer sentiment online.
* Small acquisitions possible in areas such as AI and robotics (Recasts, adds CFO quotes, background)
BARCELONA, Nov 16 SAP, the German business software company, still expects its margins to expand after its $8 billion takeover of Qualtrics, the U.S. company that specialises in tracking the sentiment of consumers online, CFO Luka Mucic said on Friday.
FRANKFURT German business software company SAP has agreed to buy Qualtrics International for $8 billion in cash, pre-empting a planned stock market listing by the U.S.-based company which specializes in tracking online sentiment. | Video
FRANKFURT German business software company SAP has agreed to buy Qualtrics International for $8 billion (6.23 billion pounds) in cash, pre-empting a planned stock market listing by the U.S.-based company which specialises in tracking online sentiment. | Video
* Seen as expensive, but SAP has good record on M&A - analyst
FRANKFURT, Nov 12 SAP SE, the German business software group, said on Sunday it was buying Qualtrics International Inc, a company that specialises in experience management, for $8 billion in cash in an agreed deal.
* Step change in margins seen next year as investments roll off
WALLDORF, Germany SAP , Europe's most valuable tech company, will continue to do business in Saudi Arabia, a top executive told Reuters, saying he hoped the circumstances of the disappearance of journalist Jamal Khashoggi are clarified.