Enterprise reporting tools vendor Actuate Corporation has acquired business performance management vendor Performancesoft, Inc. for an initial US $16.5 million. Actuate will also pay -- in 2007 -- an additional contingent cash payment of up to $13.5 million based on achievement of certain revenue and operating margin targets for 2006.
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About The Author
Curt Hall is a Cutter Expert and a member of Arthur D. Little’s open consulting network. He has extensive experience as an IT analyst covering technology and application development trends, markets, software, and services. Mr. Hall's expertise includes artificial intelligence (AI), machine learning (ML), intelligent process automation (IPA), natural language processing (NLP) and conversational computing, blockchain for business, and customer… Read More
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