HubSpot's acquisition of Cacheflow is poised to enhance its Commerce Hub platform, signaling a potential relaunch
CAMBRIDGE, Mass., October 11, 2024--HubSpot, Inc. (NYSE: HUBS), the customer platform for scaling businesses, announced today that it has entered into a definitive agreement to acquire Cacheflow, a leading B2B subscription billing management and configure, price, quote (CPQ) solution. With Cacheflow, HubSpot will offer subscription billing management and robust CPQ tools.
On September 30, 2024, JPMorgan Chase & Co. made a significant addition to its investment portfolio by acquiring 64,668 shares of HubSpot Inc (NYSE:HUBS), a renowned provider of cloud-based marketing and sales software. This transaction, executed at a price of $531.60 per share, increased JPMorgan's total holdings in HubSpot to 2,816,854 shares, marking a notable expansion in their investment in the technology sector. JPMorgan Chase & Co., founded in 1799, has evolved into one of the largest and most prestigious financial institutions globally.