insightsoftware completed the acquisition of Clausion from Verdane.

insightsoftware, a provider of reporting, analytics, and performance management solutions, completed the acquisition of Clausion, a provider of cloud-based corporate performance management solutions and services, from Verdane, a growth equity investor. Financial terms were not disclosed. “In every organization, big or small and regardless of industry, budgeting and planning is a critical business component. This is significant growth area for insightsoftware, and it’s a key extension of financial reporting – our bread and butter. Clausion’s financial consolidation and business planning platform complements our product portfolio as we continue to expand into new markets and help more finance and operations teams unlock their business data. We look forward to welcoming the talented employees, customers, and partners of Clausion into the insightsoftware family,” Jim Triandiflou, insightsoftware CEO.