reports
Vista Equity Partners Completes Acquisition of Xactly
SAN JOSE, Calif.--(BUSINESS WIRE)-- Xactly (NYSE:XTLY), a leading provider of cloud-based incentive solutions, today announced that it has been acquired by Vista Equity Partners ("Vista"), a leading private equity firm focused on investments in software, data and technology-enabled businesses. The transaction, originally announced on May 30, 2017, was completed on July 31, 2017. Xactly's stockholders approved the acquisition on July 28, 2017. The acquisition - which combines Xactly's product and industry leadership with Vista...
Xactly Named Top Workplace by Bay Area News Group for the 5th Time
SAN JOSE, Calif.--(BUSINESS WIRE)-- Xactly, (NYSE:XTLY) a leading provider of cloud-based incentive solutions, has been recognized as a Top Workplace by Bay Area News Group for the fifth time. Xactly was noted for its high workplace satisfaction and unique culture that inspires and rewards employees for doing great work. The companies listed are chosen solely on surveys about the workplace completed by their own employees. Xactly has received more than a dozen best or top workplace recognitions, demonstrating a stand out cult...
A director sold 265,543 shares at 15.553USD and
A director at Xactly Corp sold 265,543 shares at 15.553USD and the significance rating of the trade was 70/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearl...
Xactly Powers Compliance for New Commission Expense Accounting Require...
SAN JOSE, Calif.--(BUSINESS WIRE)-- Xactly (NYSE:XTLY), a leading provider of cloud-based incentive solutions, today announced the general availability of the Xactly Commission Expense Accounting (CEA) solution to power compliance with new expense capitalization requirements for commissions under the Revenue Recognition Standard ASC 606 and IFRS15. Xactly CEA gives businesses an end-to-end solution to capture, track, record, and report commission data at the level needed for capitalizing commission expenses in accordance with t...
The Law Offices of Vincent Wong Remind Investors of an Investigation i...
NEW YORK--(BUSINESS WIRE)-- The Law Offices of Vincent Wong are investigating the Board of Directors of Xactly Corporation (NYSE:XTLY) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Vista Equity Partners. Under the terms of the deal, Xactly shareholders will receive $15.65 per share. The investigation concerns whether the Xactly Board of Directors breached their fiduciary duties to Xactly stockholders by failing to adequately shop the Company before ente...
The Law Offices of Vincent Wong Announce an Investigation into Possibl...
NEW YORK--(BUSINESS WIRE)-- The Law Offices of Vincent Wong are investigating the Board of Directors of Xactly Corporation (NYSE:XTLY) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Vista Equity Partners. Under the terms of the deal, Xactly shareholders will receive $15.65 per share. The investigation concerns whether the Xactly Board of Directors breached their fiduciary duties to Xactly stockholders by failing to adequately shop the Company before ente...
INVESTOR ALERT: Brower Piven Commences an Investigation into the Propo...
STEVENSON, Md.--(BUSINESS WIRE)-- The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Xactly Corporation (NYSE: XTLY) (“Xactly” or the “Company”) relating to the proposed buyout of Xactly by Vista Equity Partners. Under the terms of the agreement, Xactly shareholders are anticipated to receive $15.65 in cash for each share of Xactly common stock held. The firm’s inv...
INVESTOR ALERT: Levi & Korsinsky, LLP Announces an Investigation Into ...
NEW YORK--(BUSINESS WIRE)-- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Xactly Corporation (NYSE:XTLY) stock prior to May 30, 2017. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Xactly to Vista Equity Partners for $15.65 per share. To learn more about the action and your rights, go to: http://www.zlkdocs.com/XTLY-Info-Request-Form-ma-5842 or contact Joseph E. Le...
SHAREHOLDER ALERT: Brower Piven Commences an Investigation into the Pr...
STEVENSON, Md.--(BUSINESS WIRE)-- The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Xactly Corporation (NYSE: XTLY) (“Xactly” or the “Company”) relating to the proposed buyout of Xactly by Vista Equity Partners. Under the terms of the agreement, Xactly shareholders are anticipated to receive $15.65 in cash for each share of Xactly common stock held. The firm’s inv...
XACTLY CORPORATION SHAREHOLDER ALERT: Former SEC Attorney Willie Brisc...
DALLAS--(BUSINESS WIRE)-- Former United States Securities and Exchange Commission attorney Willie Briscoe is investigating potential claims against the Board of Directors of Xactly Corporation (“Xactly”) (NYSE: XTLY) concerning the acquisition by Vista Equity Partners. Under the terms of the agreement, valued at approximately $564 million, Xactly shareholders will only receive $15.65 per Xactly share owned. The consideration is significantly lower than at least one analyst’s estimated value of $20.00. If you are an aff...
XACTLY CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces...
WILMINGTON, Del.--(BUSINESS WIRE)-- Rigrodsky & Long, P.A.: Do you own shares of Xactly Corporation (NYSE: XTLY)? Did you purchase any of your shares prior to May 30, 2017? Do you think the proposed buyout is fair? Do you want to discuss your rights? Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Xactly Corporation (“Xactly” or the “Company”) (NYSE: XTLY) regarding possible br...
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation In...
NEW YORK--(BUSINESS WIRE)-- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Xactly Corporation (NYSE: XTLY) stock prior to May 30, 2017. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Xactly to Vista Equity Partners for $15.65 per share. To learn more about the action and your rights, go to: http://www.zlkdocs.com/XTLY-Info-Request-Form-ma-5842 or contact Joseph E. L...
Xactly Announces Preliminary Financial Results for First Quarter Fisca...
SAN JOSE, Calif.--(BUSINESS WIRE)-- Xactly (NYSE:XTLY), a leading provider of cloud-based incentive solutions, today provided preliminary financial results for the first quarter fiscal 2018 ended April 30, 2017. For the first quarter fiscal 2018, total revenue is expected to be approximately $24.6 million and subscription revenue is expected to be approximately $19.5 million. Calculated billings are expected to be in the range of $25.3 million to $25.5 million for the quarter. GAAP net loss is expected to be in the range of $...
Xactly Enters Into Definitive Agreement to be Acquired by Vista Equity...
SAN JOSE, Calif.--(BUSINESS WIRE)-- Xactly (NYSE: XTLY), a leading provider of cloud-based incentive solutions, today announced that it has entered into a definitive agreement to be acquired by Vista Equity Partners (“Vista”), a leading private equity firm focused on investments in software, data and technology-enabled businesses. Under the terms of the agreement, affiliates of Vista will acquire all outstanding shares of Xactly common stock for a total value of approximately $564 million. Xactly stockholders will receive $15...
Xactly to Report First Quarter Fiscal 2018 Financial Results on June 8...
SAN JOSE, Calif.--(BUSINESS WIRE)-- Xactly (NYSE:XTLY), a leading provider of cloud-based incentive solutions, today announced that it will release financial results for the first quarter fiscal 2018 ended April 30, 2017 following the close of the market on Thursday, June 8, 2017. The Company will host a corresponding conference call and live webcast at 1:30 p.m. Pacific Time on that day. Investors may listen to the live conference call (ID 2995312) by dialing 888-455-2238 or 719-457-2679 at 1:30 p.m. Pacific Time on June 8, ...
Xactly to Present at J.P. Morgan 45th Annual Technology, Media and Tel...
SAN JOSE, Calif.--(BUSINESS WIRE)-- Xactly, (NYSE:XTLY), a leading provider of cloud-based incentive solutions, today announced that management will present at the J.P. Morgan 45th Annual Technology, Media and Telecom Conference in Boston, MA on Tuesday, May 23, 2017 at 10:00 AM ET. A webcast of the presentation will be available on the company’s investor relations website at http://investors.xactlycorp.com/investors/overview/default.aspx. About Xactly Headquartered in San Jose, California, Xactly (NY...
Customers Unlock the Power and Potential of Their Data with Xactly Con...
SAN FRANCISCO--(BUSINESS WIRE)-- COMPCLOUD 2017 - Xactly, (NYSE:XTLY) a leading provider of cloud-based incentive solutions, unveiled the new face of Xactly Connect™ today. The new user interface (UI) enables customers and partners to easily schedule and move data seamlessly between Xactly Incent™ software and their broader application ecosystem. With a new pre-built API integration with Workday, and added JDBC driver capabilities for Connect, customers gain the agility and visibility to easily integrate data an...
Xactly to Open New EU Data Center to Support Global Growth
LONDON--(BUSINESS WIRE)-- SALESFORCE WORLD TOUR – Xactly, (NYSE:XTLY) a leading provider of cloud-based incentive solutions, today announced its first EU data center. The expansion is the result of Xactly’s customer growth and demand in the region for its game changing sales performance management solutions. Located in Germany, the Xactly EU data center is expected to come online in December 2017. “The opening of our first EU data center underscores our commitment to serving the needs of our global customer base,” said Evan E...
Xactly Delivers Industry’s First DIY Automated Compensation Software
SAN FRANCISCO--(BUSINESS WIRE)-- CompCloud––Xactly (NYSE:XTLY), a leading provider of cloud-based incentive solutions, today announced Xactly SimplyComp™ — the industry’s first do-it-yourself (DIY), automated incentive compensation software designed specifically for sales teams with up to 25 sales reps. With the look-and-feel familiarity of a spreadsheet, Xactly SimplyComp software can be self-implemented in minutes. Businesses can set up plans fast using DIY functionality that includes templates based on best practices gleaned from t...
Xactly Announces Next Generation of Xactly Insightsâ„¢- Delivers Criti...
SAN FRANCISCO--(BUSINESS WIRE)-- CompCloud––Xactly (NYSE: XTLY), a leading provider of cloud-based incentive solutions, today announced the next generation of Xactly Insights – Xactly Insights for Sales – empowering sales leaders to accelerate their team performance with incentive intelligence. Now for the first time, these executives will have a cohesive view of performance across the entire organization with prescribed courses of action to adjust behaviors. These insights are based on machine learning derived from over 12 yea...
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