HomeUSAConga to Acquire Octiv

Conga to Acquire Octiv

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Conga, a Broomfield, CO-based provider of Intelligent Document Automation solutions, is to acquire Octiv, a provider of web-based document solutions.

The amount of the deal was not disclosed.

Led by CEO Matthew J. Schiltz, Conga provides a suite of enterprise-grade Intelligent Document Automation solutions to allow businesses to optimize their CRM investments. The Conga Suite, which includes Conga Composer, Conga Contracts, Conga ActionGrid, and Conga Sign, simplifies and automates data, documents, contracts, signing, and reporting. A Salesforce Platinum ISV Partner, Conga has more than 650,000 users in 85 countries across all industries, including Hilton Worldwide, Schumacher Group, and CBRE.

Led by CEO David Kerr, Octiv provides sales teams with tools to create the documents they need to close deals. The company streamlines document workflows for teams across organizations including sales, legal, and information technology Its technologies enable companies to use the information they have in CRM, CPQ, ERP, and other back-office systems to create, collaborate on and deliver documents online.

The acquisition will enhance the Conga Suite by providing the ability to create, collaborate and manage web-based documents while measuring engagement throughout the lifecycle of a document.

FinSMEs

08/03/2018