Organization: Talisma Corp

Vancouver’s Pivotal Corp bought by US VC firm

Pivotal Corp, a struggling Vancouver-based provider of customer relationship management software for mid-sized enterprises, has been acquired by Oak Investment Corp, Palo Alta CA, for $48 million. It will be merged with Talisma Corp, Kirkland WA, another Oak holding, to create a privately held firm of 700 employees and annual revenue of about $100 million.…