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$46 billion CRM market. Continue reading SAP Completes Acquisition of Callidus Software
Category Archives: Acquisitions & Mergers
Enghouse Systems Acquires Mobilethink A/S
Enghouse Systems Limited announced it has acquired Mobilethink A/S of Aarhus, Denmark. Mobilethink A/S is a software business specializing in device management solutions, with two leading brands in the mobile B2B sector. Continue reading Enghouse Systems Acquires Mobilethink A/S
CLX acquires Unwire, strengthening its platform and customer base in the Nordic region
CLX Communications – a leading global CPaaS (Communications Platform as a Service) provider, has entered into a definitive agreement to acquire the Danish company Unwire Communication for a cash consideration of DKK 148 million on a cash and debt-free basis. The acquisition excludes Unwire Payments & Mobility ApS which has been carved out prior to the acquisition. Continue reading CLX acquires Unwire, strengthening its platform and customer base in the Nordic region
HGS acquires majority stake in Element Solutions
Hinduja Global Solutions Limited (HGS), announced that its subsidiary Hinduja Global Solutions UK Limited has today entered into a definitive agreement to acquire 57 percent equity stake in Element Solutions LLC, USA, a digital consulting services company, for a consideration of US$ 5 million. The transaction is expected to close in the next 15 days. Continue reading HGS acquires majority stake in Element Solutions
Plantronics to Acquire Polycom for $2 billion
Plantronics and Polycom announced that they have entered into a definitive agreement under which Plantronics will acquire Polycom in a cash and stock transaction valued at $2.0 billion enterprise value. The transaction has been unanimously approved by the boards of directors of both companies, is subject to regulatory approvals and other customary closing conditions, and is expected to close by the end of the third calendar quarter of 2018. Continue reading Plantronics to Acquire Polycom for $2 billion
Salmat enters into agreement to sell contact centre business
Australian marketing services organisation, Salmat Limited announced that following a strategic review of its business, it has entered into an agreement to sell its Contact Centre business to funds advised by Five V Capital in combination with the Probe Group for $53 million. Continue reading Salmat enters into agreement to sell contact centre business