SAP acquires CallidusCloud

SAP this week announced it would acquire long-term partner Callidus Software for about US$2.4 billion to improve back-office to front-office links. The transaction is expected to close in Q2 2018, subject to shareholder and regulatory approval and other customary closing conditions. Read more here.

Apttus Eyeing An IPO

Apttus is reportedly working with Goldman Sachs on its IPO plans. It first raised venture funding in 2013 and since then has raised $329 million. Though it is not profitable yet, it hopes to break even this year. Read more here.

Constellation ShortList for CPQ

Constellation evaluates over 20 solutions categorized in the Configure Price Quote market. This Constellation ShortList is determined by client inquiries, partner conversations, customer references, vendor selection projects, market share, and internal research. Other considerations include vendor has broad geographical reach to support multi-currency/language considerations, and manage the complexity around multiple lines of business to support […]