Niku
AcquiredRedwood City, United States · Founded 1998
- Headquarters
- Redwood City, California
- Founded
- 1998
- Business Model
- B2B
About
Niku Corporation was founded in 1998 in Redwood City, California by Jay Bhatt to develop project portfolio management (PPM) and professional services automation (PSA) software for enterprise IT departments. During the dot-com boom, the company's stock soared above $100 per share with a market capitalization exceeding $3 billion despite less than $50 million in annual revenue. CA Technologies (Computer Associates) acquired Niku in 2005 for approximately $271 million, and rebranded the flagship product as CA Clarity PPM, which later became Broadcom Clarity.
Summary
Niku is a SaaS company based in Redwood City, United States, founded in 1998.
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