Cloud application technology provider Intalio had raised about $60m from investors including Sapphire Ventures, formerly part of enterprise software company SAP, and VMware.
Enterprise content management company Everteam has acquired US-based cloud enterprise software provider Intalio for an undisclosed amount, providing an exit to Sapphire Ventures, the venture firm spun out of enterprise software producer SAP.
Founded in 1999, Intalio has built a range of tools that companies can use to build cloud business applications.
France-based Everteam will use the deal to open a US office in Intalio’s Boston headquarters and intends to make use of the company’s sales, marketing, support and development…
