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SuccessFactors To Buy Inform

February 5, 2010 (FinancialWire) — Business software maker SuccessFactors, Inc. (NASDAQ: SFSF) has entered into a definitive agreement to acquire Inform Business Impact, an Australia-based maker of analytics and workforce planning software.

Under the terms of the acquisition agreement, SuccessFactors will pay $25.5 million in cash and approximately $15 million in SuccessFactors common stock for Inform, with additional contingent consideration payable based on the fulfillment of continuing employment and the achievement of specified growth targets.

With the acquisition, SuccessFactors said it will be the first company to offer business analytics and workforce planning as part of a comprehensive business execution software suite.

Inform said it serves more than 130 enterprise customers, including Fortune 500 firms such as Comcast, BHP Billiton, Starbucks, Nike and ANZ Bank.

California-based SuccessFactors added that the acquisition should be neutral to its net income.

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