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Model N To Acquire Channel Data Management Leader Channelinsight

The following excerpt is from the company's SEC filing.

Acquisition completes Channel Management Application Suite enabling manufactures to manage end-to-end Global Channel Revenue

REDWOOD CITY, Calif. – October 19, 2015 – Model N, Inc. (NYSE: MODN), announced today it has signed a definitive agreement to acquire Channelinsight, a leading provider of Channel Data Management (CDM) solutions. The combination of Model N Channel Management and Channelinsight CDM provides companies with a leading enterprise-grade, end-to-end solution to manage their Global Channel Revenue.

Manufacturers in industries such as High Tech and Semiconductors have leveraged globa l multi-tiered channels as a strategic driver to grow their revenues. A key success factor to enable global collaboration is an end-to-end Channel Management solution that enables manufactures to connect, interact, and engage with their channel partners. The Channel Management solution needs to provide transparency across the entire value chain from the manufacturer, through multi-tier distribution and all the way to the end customer.

Model N is a leader in Channel Management solutions for the High Tech and Semiconductor industries enabling the channels with Quoting, Pricing, Ship & Debit, Credit Claims, Price Protection, Inventory Management and Rebates Management solutions. The Model N Channel Management suite is being used by over 1000 channels partners in over 100 counties.

Channelinsight is a leader in Channel Data Management solutions for High Tech, Semiconductors, and Med Tech industries enabling Point of Sale (POS) data collection, data cleansing and enrichment, market segmentation, and POS data validation against a directory of over 27 million verified entities.

The combined solution provides real-time...