Upland Software Acquires PostUp, Raises Guidance
Upland Software, Inc. (UPLD)
Last upland software, inc. earnings: 2/26 04:01 pm
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Source: Business Wire
Accretive acquisition adds $11 million in annualized revenues, strong media and publishing customer base, and advanced audience development to Upland’s CXM solution suite AUSTIN, Texas--(BUSINESS WIRE)-- Upland Software, Inc. (Nasdaq: UPLD), a leader in cloud-based enterprise work management software, has acquired PostUp, a leading provider of email and audience development solutions for publishing and media brands. PostUp is an important addition to Upland’s Customer Experience Management (CXM) solution suite. The acquisition adds approximately $11 million in annualized revenues and will be immediately accretive to Upland's Adjusted EBITDA per share. “PostUp adds deep market expertise, sophisticated audience development solutions, and an established customer base in media and publishing to our CXM solution suite,” said Jack McDonald, chairman and CEO of Upland Software. “Moreover, the transactio
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