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Qualtrics Files for U.S. IPO Two Years After Sale to SAP

  • IPO may give software maker fully diluted value of $14 billion
  • Silver Lake to invest $550 million in a private placement
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Photographer: Michael Nagle/Bloomberg
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Qualtrics International Inc. filed for what could be one of the first U.S. initial public offerings of 2021, just over two years after it was acquired by German software giant SAP SE.

The company, which makes customer-survey software, said in a filing Monday it plans to sell an undetermined number of shares for $20 to $24 each. Its paperwork with the U.S. Securities and Exchange Commission listed a placeholder amount of $100 million, which will likely change once it sets the amount of stock that it plans to market.