Qualtrics Stock Jumps 52% in Market Debut
The SAP enterprise-software spinoff has benefited from the acceleration of the digital transition amid the coronavirus pandemic.
Vista Buys Pluralsight in $3.5B Ed Tech Deal
The coronavirus pandemic has "increased [private-equity] interest in companies whose offerings make it easier to reach employees and students remotely.”
Salesforce Goes Social With $27.7B Slack Deal
"Slack looks like the natural fit for Salesforce to beef up its collaboration and messaging footprint and keep pace with [Microsoft]."
SAP Shares Fall 23% on Q3 Results, Guidance
“COVID-19 has created an inflection point for our customers," the company said as it announced a "strategic pivot" to cloud computing.
KKR Sells Epicor Software to CD&R for $4.7B
CD&R has “significant experience investing in the industrial sector, from which most of Epicor’s customer base hails."
Workday Beats Estimates on 23% Sales Growth
The enterprise software maker lowered its full-year guidance, citing the effects of the coronavirus crisis on new business bookings.
Oracle Misses on Sales Again Despite ERP Gains
The company's autonomous database and ERP products will “determine Oracle's future in the cloud,” CTO Larry Ellison says.
Workday Tops Q3 Estimates But Stock Dips 1.9%
CFO Robynne Sisco cautioned that the Scout RFP acquisition and new products launching next year would have a delayed impact on its results.
SAP Sales Rise 13% on Strong Cloud Growth
“Despite continued macro uncertainties we couldn't be more confident” that 2019 will be “another stellar year” for SAP, CFO Luka Mucic says.
CrowdStrike IPO Filing Touts Security Software
“We believe we are defining a new category called the Security Cloud," the company says in its prospectus.
IBM Sells Software Products to HCL for $1.8B
The deal includes the Lotus Notes, Domino, and Portal products that were at one time major contributors to IBM's enterprise business.