Texas Tech Pulse: PROS Buys French Software Developer Cameleon
October 24, 2013- Houston-based software developer PROS Holdings said early this morning that it is acquiring French software developer Cameleon Software. PROS said it will pay approximately $33M in cash for Cameleon, which develops configuration, pricing, and quote software for both business-to-consumer and business-to-business transactions. Cameleon Software is based in Toulouse, France. PROS said it was advised by […]
CNN Money: M&A and IPOs
By Dan Primack | CNN Money McKesson Corp. (NYSE: MCK) has agreed to buy German drug distribution company Celesio (DB: CLS1) for approximately $8.3 billion, including debt, or €23 per share. www.celesio.com Microsoft (Nasdaq: MSFT) has acquired APIphany, a Washington, D.C.–based API management delivery platform. No financial terms were disclosed. J. Moore Partners managed the process.www.apiphany.com PROS Holdings Inc. (NYSE: PRO) has […]
TEC: PROS Acquires Cameleon Software for Richer Sales Big Data
October 24, 2013- By P.J. Jakovljevic PROS Holdings, Inc., a provider of sales effectiveness big data solutions, and Cameleon Software, a provider of multichannel, multi-device product configurator, quotes, proposals, and e-commerce software, have announced that PROS plans to acquire Cameleon in an all-cash transaction valued at approximately €24 million (U.S. $33 million), net of cash acquired. Cameleon CPQshould be a great addition […]
Houston Business Journal: Major Houston Software Company Makes Big Acquisition
October 24, 2013- By Molly Ryan PROS Holdings Inc. (NYSE: PRO) revealed Thursday that it has entered into a $33 million acquisition Cameleon Software, a French ecommerce software provider. Houston-based PROS, which provides big data software for businesses, has been growing rapidly for the past several years— in part due to the increasing demand for big […]
PROS Announces Plans to Acquire Cameleon Software, a Market Leading CPQ Company
Combination will provide end-to-end sales effectiveness solution powered by data science. HOUSTON & TOULOUSE, FRANCE, October 24, 2013 – PROS Holdings, Inc. (NYSE: PRO) and Cameleon Software (Paris: CAM) today announced PROS has entered into a definitive tender offer agreement to acquire Cameleon in an all-cash transaction valued at approximately €24 million (U.S. $33 million)[1], […]
Mergers & Acquisitions: PROS Buys Cameleon Software for $33M
October 24, 2013- By Allison Collins PROS (NYSE: PRO) is buying Toulouse, France-based Cameleon Software SA (Paris: CAM) in a $33 million deal. The deal unites Houston-based PROS pricing technology with Cameleon’s configure, price and quote technology, which is used for negotiated selling and self-service sales. The services will be combined into a single technology. The purchase price […]
Business2Community: The Big Vs of Big Data: An Infographic on Using Volume, Variety and Velocity to Break Down the Data Set
October 23, 2013- By Neil Biehn The term “Big Data” continues to be a hot topic. But why should you care? We can imagine amazing insights gleaned from every mouse click, text message, web search and purchase transaction on a social network being stored in the cloud. Now, the technology exists that allows a company […]
Sales Initiative Magazine: Most sales organisations are lagging behind in pricing issues, survey reveals
October 22, 2013- A European research survey conducted by the European Pricing Platform (EPP), has discovered the majority of organisations have only basic sales and pricing management approaches in place. It showed that 90% of companies are only able to manage a standard price list or single transaction with the majority wanting to improve their […]
Planet Cassandra: PROS Provides Airline Availability with Cassandra
October 22, 2013- By Hari Krishnan and Christian Hasker TL;DR: PROS is a Big Data software company with prescriptive analytics in their software that facilitates their customers to analyze their data and get the insights and guidance to optimize their pricing, sales, and revenue management. PROS uses Cassandra as a distributed database for low latency, high throughput services that handle […]
European Pricing Platform Survey Shows Big Data Investment as Critical to Sales Effectiveness, Business Success
LONDON and BRUSSELS, Oct. 21, 2013 – PROS® (NYSE: PRO), a big data software company, today announced the results of a European research survey conducted by the European Pricing Platform (EPP), a not-for-profit organisation that supports the development of pricing professionals in the region. Based on responses from more than 120 business leaders and pricing […]