SAP Acquires Callidus Software for $2.4B, ContentSquare Raises $42M and More News

SAP Acquires Callidus Software for $2.4B, ContentSquare Raises $42M and More News

Catching up on the latest digital and customer experience news. PHOTO: Kenichi

SAP has acquired sales performance management and configure-price-quote (CPQ) technology provider Callidus Software in a deal valued at $2.4 billion. The CallidusCloud (name used for products) Lead to Money suite for sales will combine with SAP’s Customer Engagement suite for a CRM solution portfolio. 

CallidusCloud’s offerings include sales enablement, sales analytics and customer engagement. CallidusCloud has been a partner of SAP for several years, based on a joint selling agreement. Company officials said the deal with strengthen SAP’s position in the…

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