New Chapter for Saba

Saba chose Las Vegas as the backdrop and its annual Saba Summit to officially announce that Vector Capital has taken the company private. The persona of Marilyn Monroe singing happy 18th birthday to the software company was a sort of surreal topper.

Vector Capital has pulled Saba out of the dark morass created by its financial restatement issues. To be honest, Saba looks to be in really good shape. Vector has put money where its mouth is, paying an honest price for the company and leaving the management team largely intact. They have the utmost confidence in Saba’s potential growth and are not looking to make a quick buck.

So with this renewed confidence, Saba rolled out some pretty interesting product news this year. It’s added a compensation module to round out the talent suite and has seen strong momentum as it moves existing Enterprise customers to the cloud. But that’s small stuff. Here are some more notable announcements:

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