Category Archives: Acquisitions & Mergers

SAP Completes Acquisition of Callidus Software

SAP announced that it has completed its acquisition of Callidus Software, a market leader known for its lead to money applications, including sales performance management and configure-price-quote (CPQ). These applications, marketed under the brand CallidusCloud, will provide SAP and its customers a differentiated, cloud-based CRM solution, putting SAP in a leading position to compete in the US$46 billion CRM market. Continue reading SAP Completes Acquisition of Callidus Software

CLX acquires Unwire, strengthening its platform and customer base in the Nordic region

CLX Communications – a leading global CPaaS (Communications Platform as a Service) provider, has entered into a definitive agreement to acquire the Danish company Unwire Communication for a cash consideration of DKK 148 million on a cash and debt-free basis. The acquisition excludes Unwire Payments & Mobility ApS which has been carved out prior to the acquisition. Continue reading CLX acquires Unwire, strengthening its platform and customer base in the Nordic region

HGS acquires majority stake in Element Solutions

Hinduja Global Solutions Limited (HGS), announced that its subsidiary Hinduja Global Solutions UK Limited has today entered into a definitive agreement to acquire 57 percent equity stake in Element Solutions LLC, USA, a digital consulting services company, for a consideration of US$ 5 million. The transaction is expected to close in the next 15 days. Continue reading HGS acquires majority stake in Element Solutions