[October 04, 2011] Callidus Software acquires Webcom Tweet Oct 04, 2011 (Datamonitor Financial Deals Tracker via COMTEX) -- Callidus Software, Inc has acquired Webcom, Inc., a provider of SaaS-based product configuration, pricing, quoting and proposals management, for approximately $9.2 million in cash. Both the companies are based in the US. Callidus Software is a provider of sales performance management and enterprise incentive management software. Morgan Keegan & Company, Inc. is acting as a financial advisor to Callidus Software. Deal Value (US$ Million) 9.2 Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Completed: 2011-10-04 Deal Participants Target (Company) Webcom, Inc. Acquirer (Company) Callidus Software, Inc. Deal Rationale The acquisition will allow Calidus Software to expand its value proposition for sales forces into CPQ, which doubles its total addressable market for its overall product suite. [ Back To TMCnet.com's Homepage ]