Qualtrics to Hire 400 as Office Moves Across Town

Experience management firm Qualtrics is to create 400 new jobs with a $15.9 million investment in a new office in Reston, VA, USA.

Qualtrics recently acquired Reston-based conversational analytics specialist Clarabridge in a stock transaction valued at $1.125bn, and will now move to 85,000 square feet of space at 1906 Reston Metro Plaza, Virgina Governor Ralph Northam announced this week.

Qualtrics is owned by business software company SAP and is itself based in Provo, Utah. Since its acquisition for $8bn in November 2018 its value has climbed further, briefly reaching a high of $15.3bn shortly after a partial IPO at the beginning of this year - although it has now returned to a level below that of the IPO. CEO Zig Serafin (pictured) says of the new office decision: 'Organizations everywhere are undergoing an experience transformation and Qualtrics has an incredible opportunity in front of us. With its strong talent pool, Virginia is a perfect place for Qualtrics to grow'.

Web site: www.qualtrics.com .