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Application Software M&A image Application Software M&A » By The Online Investor Staff, updated Thu., Apr. 25, 4:51 PM Recent mergers and acquisitions in the Application Software M&A category.

This Slide: #97 of 100

Slide #97. ServiceSource — Scout Analytics

Acquirer: ServiceSource (SREV)
Acquiree: Scout Analytics
Details: ServiceSource (NASDAQ:SREV), the global leader in recurring revenue management, today announced that it has acquired Scout Analytics, a leading provider of predictive analytics for subscription businesses. With more than $3.5 billion of recurring revenue under management, Scout Analytics extends ServiceSource's reach into new markets while increasing its footprint to now $14 billion under management across more than 200 customer engagements. Together, the two companies offer a comprehensive recurring revenue solution for both subscription and traditional businesses. The transaction closed today and is expected to be accretive to non-GAAP EPS in 2015.

ServiceSource International is a provider of Business Process-as-a-Service solutions. Co. designs, deploys, and operates a suite of solutions and processes that support and augment its clients' business-to-business (B2B) customer acquisition, engagement, expansion and retention activities. Co.'s CJX™ solution suite spans the pre- and post-sale B2B customer journey and is deployed through a model that enables its clients to identify, land, adopt, expand and renew their customers and end-users. The ServiceSource CJX™ solution suite has been built on three primary solution pillars, encompassing digital sales, customer success, and channel management.

Open the SREV Page at The Online Investor »

SREV — Key Stats (updated Thu., Jul. 14, 10:21 AM)
Company Name:  ServiceSource International, Inc.
Stock buyback:  SREV buyback
Website:  www.servicesource.com
Sector:  Business Services & Equipment
 

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April 25, 2024  •  4:51 PM Eastern
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