IBM (IBM) Acquires Sales Performance Software Maker Varicent Software

April 13, 2012 9:03 AM EDT
IBM (NYSE: IBM) announced a definitive agreement to acquire Varicent Software Incorporated, a provider of analytics software for compensation and sales performance management. Varicent is a privately held company, with headquarters in Toronto, Canada.

Varicent software automates and analyzes the collection and reporting of sales data across finance, sales, human resources and IT departments to gain efficiencies, uncover trends and improve sales performance.

Financial terms were not disclosed.


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