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HUBS is set to acquire Cacheflow to expand its Commerce Hub offerings and boost prospects in the revenue management market.
HubSpot plans to add subscription billing management and configure, price, quote (CPQ) tools by acquiring Cacheflow. When the transaction is completed, Cacheflow will become a wholly owned subsidiary of HubSpot, the companies said in a Friday (Oct. 11) press release.
HubSpot has acquired Cacheflow, a startup building tools for the software sales closing process, for an undisclosed amount.
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Yamini Rangan, HubSpot CEO, joins 'Closing Bell Overtime' to talk AI integration, competition in the space and more.
Piper Sandler analyst Brent Bracelin maintained an Overweight rating on HubSpot Inc HUBS with a $570 price target.
By offering Amplitude's customer behavior data with its Smart CRM tools, HubSpot aims to support enterprises with greater sales conversion and improved customer retention.
Soundhound is a relatively small business seeing insatiable demand for its conversational voice AI technology. HubSpot consistently grows revenue at double-digit rates as it goes after an $80 billion software opportunity.
HubSpot (HUBS) reported earnings 30 days ago. What's next for the stock?
From a technical perspective, HubSpot (HUBS) is looking like an interesting pick, as it just reached a key level of support. HUBS recently overtook the 50-day moving average, and this suggests a short-term bullish trend.
Shares of HubSpot have corrected after an acquisition proposal from Alphabet fell apart. The company's revenue growth is decelerating and is expected to fall to the high teens next year. HUBS continues to beat expectations and boost its profit margins.