Consolidation in the apps space has shifted to the business intelligence community of late, but there's still room for the odd CRM merger.
This week Talisma was sold to nGenera for an undisclosed amount. nGenera has grown quickly through acquisitions, gobbling up five companies in the past 14 months. The combined company will have over $100 million in sales, with an initial public offering possible next year.
It's the latest twist for Talisma which tried unsuccessfully to merge with Pivotal Software in 2003, a bid thwarted by CDC Software gobbling up the latter firm. Talisma was founded in 1999 by former Microsoft executive Pradeep Singh, who left the chairman role in 2003 to focus on Aditi Corp.
There are no planned job cuts, but the Talisma name is to be scrapped - which is sort of sad really.