Vistex announces acquisition of hawkeye Channel creating industry leading portfolio of Go-To-Market solutions and services

HOFFMAN ESTATES, Ill., Feb. 4, 2014 /PRNewswire/ -- Vistex Inc., the global leader in pricing, contract, and incentive management solutions, announces the acquisition of hawkeye Channel, the leader in sales and marketing solutions that drive revenue growth for enterprises that sell through indirect sales channels.   hawkeye Channel will be merged with Vistex to further extend their robust Go-To-Market solution offering with cloud-based products, strategic consulting services, and global program management capabilities.  Together the company will deliver an industry leading suite of global pricing, sales, marketing, payment and incentive solutions, both on-premise and in the cloud.

The leaders of both organizations view the acquisition as having strong synergies that will immediately add value for clients of both organizations and accelerate the development of future product offerings.  "Vistex will leverage hawkeye's understanding of cloud-based sales and incentive management applications to quickly supplement the company's portfolio," says Sanjay Shah, Vistex Founder and CEO. "We will also be able to provide our clients a more comprehensive solution through hawkeye's strong service offering that spans program strategy, analytics and back office support to facilitate program administration."  Shah further notes: "Vistex's expertise in providing a broad Go-To-Market product portfolio spanning multiple industries will help hawkeye Channel expand their product and service offerings faster than they would have otherwise." 

"Vistex has been incredibly successful in enabling the Go-To-Market capabilities of leading global enterprises," said Richard Beanland, CEO of hawkeye Channel.  "We will leverage both our companies' world-wide networks and solution portfolios to immediately deliver the benefits of in-region program management and support to our mutual clients."  Beanland adds, "The combination of Vistex and hawkeye Channel will deliver greater value to existing and new clients, while providing additional opportunities for our employees all across the world."

Following the acquisition hawkeye Channel will begin the process of integrating its corporate identity into Vistex. hawkeye Channel's operations will assume the identity of 'hawkeye Channel by Vistex' and continue to operate out of its main office in Kent, Washington as well as retain its customer-centric locations around the world.

About Vistex
Vistex is the global leader in pricing, contract, and incentive management solutions and services, providing unprecedented visibility into the breadth and depth of Go-To-Market programs and enabling businesses with insightful information that drive revenue, control costs and increase margins. Serving businesses of all sizes worldwide across a spectrum of industries coupled with an unwavering commitment to its clients, the world's best run organizations choose Vistex to manage master data, contracts, pricing, rebates and incentives, ensuring success from inception to insight. For more information, visit www.vistex.com.

About hawkeye Channel
hawkeye Channel provides Sales and Marketing Solutions that drive channel revenue growth for enterprise marketers who sell through indirect channels. Through an extensive portfolio of software and services, hawkeye Channel helps clients design and manage programs that engage their indirect sales partners, improve sales performance, and enhance their overall return on channel investment. For more information, visit www.hawkeyechannel.com.

For further information contact:
Chris Cutro: [email protected] +1 847-490-0420
Richard Beanland: [email protected] +1 203-767-1557
or
Craig DeWolf: [email protected]  +1 415-407-5741

SOURCE Vistex Inc.