Broomfield software business buys company to expand its Salesforce product lineup

Broomfield-based Conga reached a definitive agreement to acquire Indianapolis-based Octiv in a transaction expected to close within the quarter.

Conga, whose software is used by thousands of companies to make and manage documents with Salesforce.com’s platform, is acquiring another document-generation technology company in a move to expand Conga’s product line.

Broomfield-based Conga reached a definitive agreement to acquire Indianapolis-based Octiv in a transaction expected to close within the quarter.

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Terms of the deal between the privately-held companies were not disclosed.

The deal will bring a few dozen Octiv employees — there are 55 listed on LinkedIn — into the Conga’s staff of a few hundred, most at its Broomfield headquarters.

Read more at the Denver Business Journal: http://bit.ly/2oVvrxU