[January 04, 2012] Callidus Software (CallidusCloud) acquires LeadFormix Tweet Jan 04, 2012 (Datamonitor Financial Deals Tracker via COMTEX) -- Callidus Software, Inc., a provider of sales performance management and enterprise incentive management software, has acquired LeadFormix, Inc., a developer of cloud-based B2B marketing automation platform, for approximately $9 million in cash. Both the companies are based in the US. Deal Value (US$ Million) 9 Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Completed: 2012-01-03 Deal Participants Target (Company) LeadFormix, Inc. Acquirer (Company) Callidus Software, Inc. Deal Rationale This acquisition will enable Callidus Software to extend its footprint into new channels and markets, and extends its position in the SaaS sales effectiveness space. [ Back To TMCnet.com's Homepage ]