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.
SAP Buys Qualtrics to Boost CRM Offerings
The $8 billion deal "reaffirms experience management as the groundbreaking new frontier for the technology industry,” SAP's CEO says.
Cloud Software Firm Qualtrics Files for IPO
Qualtrics says its "experience management" solutions represent a “vast, rapidly growing, and underpenetrated market opportunity.”
SAP Sales Jump 7% on Cloud Business Surge
Cloud subscriptions and support revenue rose 39% in Q3 but SAP is experiencing some customer resistance to its shift to the cloud.
Anaplan Raises $263M in Latest Tech IPO
While tech stocks crashed this week, Anaplan "is riding a longer-term wave that's seen cloud companies hit the public markets with fanfare."
Adobe Buys Marketo to Boost B2B Solutions
With the acquisition, "Adobe is sending out a $5 billion signal that it is not just an also-ran" in the marketing technology space.
Anaplan to Go Public With New CFO From Tesla
The company is betting its “connected planning” concept will make it as attractive to investors as other enterprise software offerings have been lately.
Elastic to Join Parade of Enterprise SaaS IPOs
The search software company is going public as the addressable market for Elasticsearch and similar tools has reached $45 billion.
Workday Tops Estimates With 28% Sales Surge
The company reports "significant progress" in its integration of Adaptive Insights, although acquisition costs hit margins in Q2.