CPQ
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SAP snags CallidusCloud for $2.4 billion
SAP, the German enterprise software giant, announced it acquired CallidusCloud last night for $2.4 billion or $36 per share. Callidus provides configure price quote (CPQ) and sales performance management tools delivered as a cloud service. The share price is a nice bump for shareholders, representing a 21 percent premium over the 30-day volume weighted average share price, according to SAP.… Read More
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Apttus looks to the future with bots and virtual reality
Last year Apttus, which provides pricing, quoting and contract building on the Salesforce platform was growing at a crazy rate. It appeared to be headed to IPO or a Salesforce purchase when it got a punch to the gut. Salesforce bought Steelbrick instead.
Sources say, Apttus might have gotten greedy, thinking it was the only enterprise CPQ product out there that provided the best fit for… Read More
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Apttus Enjoys A $108M Round As Business Grows Leaps And Bounds
Just a couple of years ago Apttus, a quote-to-cash SaaS company built on top of Salesforce.com, had a couple of hundred employees. Today it has 900 and projects more than 1,000 by the end of the year. And it’s not hiring all of those bodies for nothing. The company’s year-over-year growth is in the 60 percent range. While not willing to provide an exact figure, it claims to have… Read More
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