HubSpot To Acquire B2B Billing Management And CPQ Solution, Cacheflow; No Financial Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
HubSpot, Inc. (NYSE:HUBS) is set to acquire Cacheflow, a B2B subscription billing management and CPQ solution, to enhance its commerce capabilities. The acquisition aims to improve subscription billing and quote-to-cash automation for HubSpot's customers.
October 11, 2024 | 1:04 pm
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HubSpot is acquiring Cacheflow to enhance its subscription billing and CPQ capabilities, which could streamline operations and improve customer deal closure speed.
The acquisition of Cacheflow by HubSpot is likely to positively impact HubSpot's stock in the short term as it expands its product offerings in subscription billing and CPQ solutions. This strategic move could lead to improved customer satisfaction and operational efficiency, making HubSpot more competitive in the market.
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