Autotask acquires VARStreetAutotask Corp., a provider of automation and management software for VARs, bought VARStreet, a specialist in cloud-based e-commerce. Terms of the deal, announced Wednesday, were not disclosed. VARStreet has almost $1 billion in sales annually. Autotask said the deal will expand its existing management software and is already promoting three products that use VARStreet's technologies. VARStreet Back Office offers real-time pricing and availability information from distributors, and VARStreet e-Commerce integrates Back Office with an e-storefront that can be personalized. And, for large VARs, VARStreet XC adds more customization and customer-side procurement workflow rules.
Laurus Technologies pushes customer portalIT consultant
Pegasystems makes bid for Chordiant
This week, Pegasystems launched a bid to buy Chordiant and its CRM expertise. Pegasystems, a business process management specialist offered $5 per share for all outstanding shares of Chordiant common stock, for a purchase price of about $161.5 million, assuming all shares are tendered.Pegasystems Inc.'s BPM software is used to improve a business's customer experiences and the company said it will meld Chordiant Software Inc.'s predictive decision management software into its own product line.
IBM launches cloud-based test-and-dev service
IBM's Red Hat KVM-based virtualized environment for test and development left beta and started as a pilot program this week. The service, dubbed IBM Smart Business Development and Test, will allow users to run IBM Rational, WebSphere and SUSE images for development purposes and take their work straight to cloud infrastructure for delivery as a business service.
Check out last week's IT channel news in brief.