Latest Initial public offerings News

Software giant SAP to spin off Qualtrics and take it public

Jul. 26, 2020 7:56 PM EDT

NEW YORK (AP) — SAP says it plans to spin off Qualtrics and take it public less than two years after acquiring the survey-software provider. SAP said Sunday it will retain majority ownership of Qualtrics' shares. The German software giant announced in November 2018 that it agreed to pay $8 billion cash for...

FILE - In this July 21, 2016, file photo, entrepreneur Peter Thiel speaks during the final day of the Republican National Convention in Cleveland. The Silicon Valley data-mining firm Palantir Technologies says it has confidentially filed to go public, setting up what could be the biggest public stock offering of a technology company since Uber’s debut in 2019. (AP Photo/J. Scott Applewhite, File)

Data-mining firm Palantir files for stealth public offering

Jul. 7, 2020 12:38 PM EDT

The Silicon Valley data-mining firm Palantir Technologies confidentially filed to go public, setting up what could be the biggest stock offering from a technology company since Uber’s debut last year. Founded in 2004 by investors including Peter Thiel, the company works with governments, law enforcement...