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April 13, 2012 05:24 pm GMT

IBM Acquires Sales Data And Analytics Software Company Varicent

varicent-softwareBig Blue has made a purchase todayIBM has acquired Varicent Software, a company that creates a sales analytics software. Financial terms of the deal were not disclosed. Varicent, which has raised $35 million in funding, analyzes sales data from businesses to help organizations to streamline compensation processes for employees, improve sales performance, and more. Varicent's software automates and analyzes sales data across a number of sectors of an organization including the finance, sales, human resources and IT departments and can uncover trends that could lead to better sales and revenue for a company.

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