NU Online News Service, Jan. 14, 1:06 p.m. EST
Callidus Software Inc., a sales perfomance management software provider, announced the acquisition of ActekSoft, a provider of commission and compliance software for complex selling environments. Financial terms were not released.
San Jose, Calif.-based Callidus said the transaction will allow it to provide a comprehensive offering of on-demand and on-premise sales life-cycle management solutions in the insurance and financial services industries.
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