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Anaplan acquires reseller Vue Analytics; taps SAP Europe vet

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.
Written by Andrew Nusca, Contributor
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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.

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