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.
Broadcom Stock Dives on Software Deal Doubts
Investors question the logic behind the chipmaker's $18.9 billion acquistion of enteprise software firm CA Technologies.
Equifax Agrees to Fixes to Prevent Another Hack
A consent order with eight states addresses the software patch management failures that led to the massive data breach in May 2017.
Red Hat Shares Dive on Disappointing Guidance
After five strong quarters where the enterprise software firm beat and raised estimates, "it came back to earth a bit," one analyst says.
Pivotal Software Sets $592M Target for IPO
The enterprise cloud computing company is planning to go public amid signs that the tech sector IPO market is heating up.