Xconomy Boston

Xactly Corporation Acquires Centive for Undisclosed Sum

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=38e56a1d-4701-441a-9828-b661408f603f&Preview=1
Date
1/23/2009
Company Name
Centive
Mailing Address
900 Chelmsford Street, Cross Point – Tower 3, 7th Floor Lowell, MA 01851
Company Description
Centive is a leading provider of business solutions that help companies drive performance and revenue. Centive’s Enterprise Incentive Management (EIM) and Sales Compensation Management solutions empower companies to motivate and align employees, partners and channels with corporate goals, driving increased performance, revenue and profitability.
Website
http://www.centive.com
Transaction Type
M&A
Transaction Amount
Undisclosed
Transaction Round
Proceeds Purposes
M&A Terms
The acquisition will be paid for with all stock.