Pegasystems Acquires Chordiant Software for $161,500,000

  • Feed Type
  • Date
    3/16/2010
  • Company Name
    Chordiant Software
  • Mailing Address
    20400 Stevens Creek Blvd Cupertino, CA 95014
  • Company Description
    Chordiant Software, and its Foundation and Cx Solutions, arms marketing, customer service and customer loyalty executives with a suite of predictive and adaptive decisioning applications to deliver an order of magnitude improvement in customer experience.
  • Website
    http://www.chordiant.com
  • Transaction Type
    M&A
  • Transaction Amount
    $161,500,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Pegasystems, a maker of business process management software, announced it will acquire Chordiant Software for about $161.5 million. The company will pay $5 a share for all outstanding shares of Cupertino,

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