Adaptive Planning acquires myDIALS
Sep 11, 2012 (Datamonitor Financial Deals Tracker via COMTEX) --
Adaptive Planning, Inc., a provider of hosted budgeting, planning and business forecasting software applications, has acquired myDIALS, Inc., a provider of software-as-a-service (Saas) based performance management solutions. Both the companies are based in the US.
As part of the transaction, myDIALS employees in the US and Australia will join Adaptive Planning.
Deal Type Acquisition
Sub-Category Majority Acquisition
Deal Status Completed: 2012-09-10
Target (Company) myDIALS, Inc.
Acquirer (Company) Adaptive Planning, Inc.
The acquisition enables Adaptive Planning to broaden the reach of its solutions beyond corporate performance management (CPM) to deliver cloud-based visualization and business intelligence (BI) capabilities to business users in organizations of all sizes.
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