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Industry Summary Articles

Thursday, June 06, 2024

CPQ Finland Oy Acquires 1Solution Hub's Pricing Consulting Business

CPQ Finland Oy, a leading provider of Configure, Price, Quote (CPQ) software solutions in Finland, is thrilled to announce the acquisition of the pricing consulting business from 1 Solution Hub. This strategic acquisition marks a significant milestone in CPQ Finland Oy’s mission to enhance its portfolio and deliver comprehensive pricing solutions to its clients. 

Expanding Capabilities and Expertise 
The acquisition will enable CPQ Finland Oy to integrate 1 Solution Hub's extensive expertise in pricing strategy and optimization into its existing offerings. Clients will benefit from a one-stop-shop possibility of innovative PLM and CPQ solutions and advanced Price Management, providing a holistic approach to managing and optimizing pricing strategies across various industries. 

Leadership Remarks 
"We are excited to welcome the 1 Solution Hub's pricing consulting team to the CPQ Finland community," said Veli-Matti Myllymäki, CEO of CPQ Finland Oy. "This acquisition aligns perfectly with our growth strategy and commitment to providing our clients with the best tools and insights to drive revenue and profitability. The synergy between our CPQ technology from Swedish Tacton Systems AB and the state-of-the-art price management technology from German Pricefx AG represented by 1 Solution Hub will deliver unparalleled value to our customers." 

Atte Roine, Managing Director of 1 Solution Hub Oy and CPQ Finland partner, states, "CPQ Finland already has a wide customer base in Finland and Europe. Now, CPQ Finland will benefit from a more accurate and real-time product price management solution with existing customer solutions." 

Strategic Integration 
The integration of 1 Solution Hub's pricing consulting services and Pricefx Price Management SaaS solution will be managed by a dedicated team to ensure a smooth transition for all clients. Existing clients of 1 Solution Hub can expect continued excellence in service and support, now enhanced by the robust technological and consulting capabilities of CPQ Finland Oy. 

To view the original press release, please click here.

Search for CPQ Finland on CIMdata.com

Search for 1 Solution Hub on CIMdata.com

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