IBM Acquires Varicent Software for Undisclosed Sum

  • Feed Type
  • Date
    4/13/2012
  • Company Name
    Varicent Software
  • Mailing Address
    4900 SW Griffith Drive Beaverton, OR 97005
  • Company Description
    Varicent Software Incorporated delivers the only complete sales performance management (SPM) solution addressing the needs of the entire corporation. Sales performance management, a subset of corporate performance management (CPM) – or business performance management (BPM) – focuses on sales planning, modeling and dashboarding, quota and territory management, sales commission and incentive calculations, and sales analytics. Varicent’s flagship product, Varicent SPM, helps companies better manage, measure and understand the economic impact of their variable compensation programs.
  • Website
    http://www.varicent.com
  • Transaction Type
    M&A
  • Transaction Amount
    Undisclosed
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Financial terms of the transaction were not disclosed by the parties.