iTWire Friday, 30 July 2021 13:46 Qualtrics to acquire Clarabridge for US$1.125 billion Featured Qualtrics CEO Zig Serafin Customer experience vendor Qualtrics has entered into a definitive agreement to acquire omnichannel conversational analytics provider Clarabridge in a stock transaction valued at US$1.125 billion. The deal will see Qualtrics (NASDAQ: XM) acquire Clarabridge for US$1.125 billion in Qualtrics Class A common stock - subject to customary purchase price adjustments and cash payouts in lieu of stock to certain holders of Clarabridge shares - based on a fixed number of Qualtrics shares and a Qualtrics share price of US$37.33. “With our acquisition of Clarabridge, we’re accelerating our growth and leadership as the world’s #1 experience management company and taking the category we created to an entirely new level,” said Qualtrics CEO Zig Serafin.