Mortgage Software Company Ellie Mae Picks Up Velocify in an All-Cash Deal

#Ellie Mae, a cloud-based #mortgage origination #company, agreed to acquire #Velocify, a sales acceleration platform for $ 128 million in cash. The acquisition, which was announced yesterday, is expected to close in the fourth quarter of the year. Ellie Mae will combine Velocify’s management team with its Encompass CRM division, based on the announcement. According to announcement, […]
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