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Tuesday, January 18, 2011

RightNow Technologies to buy Dutch co, ups Q4 view, (NASDAQ: RNOW)

Software maker RightNow Technologies Inc (RNOW.O) said it would buy privately held Q-go.com B.V. for about $34 million in cash to strengthen its services and raised its fourth-quarter outlook. RightNow, which provides customer relationship management (CRM) software and services, expects the acquisition to add to its earnings in the first quarter of 2012. Amsterdam-based Q-go is expected to add about $1 million of revenue in the first quarter of 2011, and about $8 million in fiscal 2011, RightNow said.

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