August 22, 2012 – Cloud data integration and management provider Liaison Technologies announced the acquisition of ERP and business process integration vendor Hubspan.
In a release on the proposed acquisition, Liaison said combined offerings with Hubspan create a cloud integration platform that has the potential to more fully handle business-to-business and application-to-application connections, as well as managed file transfers and MDM. In addition, Hubspan’s in-house talent and customer base open up Liaison’s sales in industries such as life sciences, financial services and manufacturing. Hubspan also brings with it certified business process and security compliance under SSAE 16 and PCI DSS.
Liaison has been relatively quiet on the transactions front since buying enterprise data security vendor nuBridges Inc. in March 2011. Liaison itself has been speculated as the potential target for a buyout by a bigger vendor seeking to round out its integration or MDM portfolio.
Based in Seattle, Hubspan was founded in 2000 and is led by CEO and President Trish Gross, who, like a handful of other executive team members, has a background working for Concur Technologies. Hubspan investors include Intel Capital, the investment side of chip maker Intel.
Financial details and any staffing plans with Hubspan were not disclosed by Liaison. A release on the deal repeatedly referred to Liaison and Hubspan as a “combined company.”
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