Anaplan acquires reseller Vue Analytics; taps SAP Europe vet

Summary:The cloud-based operations and finance modeling company snaps up a U.K. reseller of its products and bulks up on leadership in Europe, Middle East and Africa.

laurent-lefouet-sap-anaplan

Anaplan this morning announced that it would acquire Vue Analytics, a U.K. and Ireland-focused reseller of the company's cloud-based operations and finance modeling products.

Terms of the deal were not disclosed.

It also revealed that it would hire Laurent Lefouet (pictured, above), previously COO of SAP's French and African operations, to run its EMEA operations from a new European headquarters in Paris.

The acquisition allows Anaplan, headquartered in San Francisco, to expand into new markets in Europe. In addition to the new Paris office, the company has a development office in the U.K.; it plans to grow beyond those two countries this year.

Anaplna, which is funded by Granite Ventures and Shasta Ventures, has been on a tear lately. Last year, the company says it grew its customer base by 500 percent and global revenues by 800 percent as it signed accounts such as Taylor Wimpey and Premier Farnell in the U.K. In the U.S., Anaplan counts McAfee, Pandora, and HealthTrust as customers.

The company's products are intended to help business users within large enterprises model and evaluate their businesses, such as to reduce expenses, improve margins or accelerate growth. Most recently, Anaplan introduced a suite of applications targeted at sales teams.

Topics: Enterprise Software, Big Data, Cloud, Start-Ups

About

Andrew Nusca is a former writer-editor for ZDNet and contributor to CNET. He is also the former editor of SmartPlanet, ZDNet's sister site about innovation. He writes about business, technology and design now but used to cover finance, fashion and culture. He was an intern at Money, Men's Vogue, Popular Mechanics and the New York Daily Ne... Full Bio

zdnet_core.socialButton.googleLabel Contact Disclosure

Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.

Related Stories

The best of ZDNet, delivered

You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
Subscription failed.