Compensation software co. Xactly buys rival Centive

Xactly, maker of software that measures and tracks employees’ sales performance and compensation, has bought its major competitor, human resources software provider Centive. The stock-based deal gave San Jose, Calif.-based Xactly all of the company’s assets and employees for an undisclosed sum.

Incorporated under the name Xactly, the new entity will continue to support all of the products the companies have on the market right now for the next 18 months to ensure a seamless transition… Continue Reading