Qualtrics
Experience management company / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Qualtrics?
Summarize this article for a 10 year old
Qualtrics is an American experience management company, with co-headquarters in Seattle, Washington, and Provo, Utah, in the United States. The company was founded in 2002 by Scott M. Smith, Ryan Smith, Jared Smith, and Stuart Orgill.[4]
This article contains content that is written like an advertisement. (November 2021) |
Company type | Private |
---|---|
Industry | Experience management |
Founded | 2002; 22 years ago (2002) |
Founders |
|
Headquarters |
|
Key people | Ryan Smith (Executive Chairman)[1] Zig Serafin (CEO) Chris Beckstead (President) |
Products | Qualtrics XM Platform, Design XM, Customer XM, Employee XM, Product XM, Brand XM, XM Services |
Revenue | US$1.46 billion (2022) |
US$−1.05 billion (2022) | |
US$−1.06 billion (2022) | |
Total assets | US$3.39 billion (2022) |
Total equity | US$1.90 billion (2022) |
Owner | Silver Lake |
Number of employees | c. 5,600 (December 2022) |
Website | qualtrics |
Footnotes / references [2][3] |
Qualtrics offers a cloud-based subscription software platform for experience management,[5] which it launched in March 2017.[6]
On November 11, 2018, it was announced that Qualtrics would be acquired by SAP for US$8 billion.[7] The acquisition was completed on January 23, 2019.[8] On July 26, 2020, SAP announced its intent to take Qualtrics public,[9] and on January 28, 2021, Qualtrics began trading on the Nasdaq.[10] In March 2023, an investor group led by the private equity firm Silver Lake agreed to take Qualtrics private. On June 28, 2023, it was announced that Silver Lake and its co-investors, together with CPP Investments, acquired 100% of the outstanding shares in Qualtrics that Silver Lake did not already own, including the entirety of SAP’s majority ownership interest.[11]