Webcom offers a software package that allows customers to configure, price, quote and propose their offerings across multiple sales and distribution channels online, using only a web browser.Webcom Inc. provides a 100% multi-tenant, SaaS solution that simplifies and accelerates selling of all types of products and services. Requiring only a browser, Webcom enables business users to quickly configure, price, quote, propose, and sell solutions, anytime, anywhere. The solution suite specializes in boosting sales through faster, more accurate quotes, collaborative-based selling, and increased profit margins across companies with simple product catalogs all the way to complex, multi-channel sales networks.In October 2011, Webcom was acquired by Callidus Software Inc. (NASDAQ: CALD). The aggregate consideration to acquire Webcom consisted of approximately $9.2 million in cash, including payment for Webcom's cash and accounts receivable of approximately $1.0 million as of the closing date, subject to final adjustments as set forth in the Agreement. A portion of the consideration is subject to a holdback in respect of the Webcom equity holders' indemnity obligations to Callidus. In addition, Callidus may pay up to another $1.75 million in cash earn-out consideration based on Webcom attaining certain financial targets.