SAP is planning to partially spinoff Qualtrics in an IPO
Qualtrics, which was acquired two years ago by SAP for $8 billion, will be spun off in an Initial Public Offering. When announcing the spinoff on July 26, SAP said that the objective of the IPO is to help Qualtrics gain market potential in the experience management niche.
It is a move that will ... Read more
‘RPA startup UiPath valued at 10.2 billion dollars after new funding’
RPA-startup UiPath raised 225 million dollars (192 million euros) in a funding round led by Alkeon Capital. This valued the RPA specialist at 10.2 billion dollars (8.7 billion euros).
According to UiPath-CEO, Daniel Dines, the new funding will be used to scale UiPath's platform and expand the co... Read more
Rackspace officially applied for an IPO
Rackspace has officially applied for an IPO. It will be the second time the company will be listed on the stock exchange after Rackspace left in 2016 following a 4.3 billion deal dollar with venture capitalist Apollo Global Management.
Rackspace has not disclosed the size of its equity portfolio... Read more
Snowflake confidentially files for IPO
Cloud data platform Snowflake filed documents for a confidential IPO at the Securities and Exchange Commission. This is revealed in a report by Bloomberg.
The company was valued at 12.4 billion dollars (10.9 billion euros) in February following an investment round that raised 479 million dollars... Read more
Rackspace is preparing an IPO
Rackspace recently quietly prepared an IPO, Reuters says, based on anonymous sources. The move is apparently coming from Apollo Global Management, the venture capitalist firm that owns Rackspace.
According to the international news agency, the venture capitalists of Apollo Global Management, wh... Read more
“McAfee prepares for another IPO.
Security company McAfee is planning to go public. This could raise more than a billion dollars and give the company a valuation of more than 5 billion dollars. That's what The Wall Street Journal reports based on insiders familiar with the conversations.
According to the insiders, McAfee and the own... Read more
Software supplier Dynatrace prepares for an IPO
Dynatrace has planned an IPO to the New York Stock Exchange. The software supplier wants to benefit from the increase in increasingly complex infrastructure environments and application architectures.
In the registration statement sent to the American Securities and Exchange Commission (SEC), Dynat... Read more
“Slack chooses New York Stock Exchange for IPO.
Slack, a manufacturer of business communication and collaboration tools, is said to have chosen the New York Stock Exchange for its IPO. That's what The Wall Street Journal reports on the basis of insiders. This would be the second time that a large company has chosen the stock exchange to make its ... Read more
Slack is considering unusual IPOs similar to Spotify.
Slack wouldn't intend to take the beaten track to the stock market. The company would like to be listed directly on the stock exchange and if it really does, it will be the second major tech company to follow this route.
That's what the Wall Street Journal says based on sources within the company. T... Read more
“Uber wants to bring self-propelled cars into a separate company.
Uber is considering separating and demerging its Advanced Technologies Group, which is engaged in the development of self-propelled vehicles. This choice would have been made in order to make the planned IPO run more smoothly. The development of self-propelled cars is very expensive.
The Financial T... Read more