Friday, January 23, 2009

Centive Acquired by Xactly - Lowell, MA

Xactly, a California-based provider of sales performance management software, announced that it has acquired Centive, a privately held, Lowell-based provider of sales compensation and sales performance management software. Terms of the all-stock deal were not disclosed. Xactly said that Centive’s employees will join the combined company, which will support both companies' product platforms for a minimum of 18 months. The company will be led by Xactly's management team, and will maintain its headquarters in San Jose, Calif.


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