Tuesday, May 30, 2017

Xactly Acquired By Vista Equity Partners For $564M

San Jose-based Xactly, a developer of cloud-based sales compensation management software, has been acquired by private equity investor Vista Equity Partners. The deal was worth $15.65 in cash per share of Xactly, or approximately $564M. Xactly’s headquarters will remain in San Jose. Christopher W. Cabrera is founder and CEO of Xactly Corporation, which was publicly traded on the NYSE as XTLY.