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NATO allies agree to partner on acquiring maritime munitions

NATO allies agree to partner on acquiring maritime munitions

Business
June 27 (UPI) -- Eight countries, including seven NATO allies and one partner nation, on Thursday reached a memorandum of understanding on multinational cooperation for maritime battle decisive munitions. The defense ministers of Belgium, France, Italy, the Netherlands, Poland, Portugal, Spain and Finland signed the agreement at a meeting in Brussels, Belgium. Finland is a partner nation. NATO Deputy Secretary General Rose Gottemoeller said at the signing ceremony that the memorandum was "a significant first step towards establishing European stockpiles of high quality maritime munitions. In time, this initiative will enhance our forces' interoperability, our ability to share munitions, and our capacity work together in an effective and efficient way." As part of the agreement, the eight...
SAP is acquiring survey software maker Qualtrics for $8 billion

SAP is acquiring survey software maker Qualtrics for $8 billion

Finance
SAP is acquiring Qualtrics for $ 8 billion, snapping up the survey software company just before its planned IPO. The all-cash deal has been approved by the boards of both companies and by Qualtrics shareholders, SAP said in a statement on Sunday. Qualtrics competes with SurveyMonkey, which went public in September. Qualtrics is bigger and growing faster than SurveyMonkey and is also more profitable. SAP has been counting on new cloud products for growth as the transition away from traditional desktop software has taken business from its core enterpris...