5MB: Information Management — April 13, 2012
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IBM today announced a definitive agreement to acquire Varicent Software, a provider of analytics software for compensation and sales performance management. Varicent is a privately held company, with headquarters in Toronto, Canada. Financial terms of the acquisition, which is expected to close in the second quarter of 2012, were not disclosed. "Varicent expands IBM's analytics portfolio into the sales function of organizations," Paul Hill, vice president, Performance Management, Business Analytics, IBM, tells 5 Minute Briefing. "It is a line-of-business play."
Posted 13 Apr 2012
/ April 13, 2012 Issue