Based in Lucca, Italy, and Stamford, Conn., Tagetik had about $60 million in cash in 2016, with the majority of revenue from Europe. Its important markets after that are North America and Asia Pacific. Its target customers are midsize and large corporations.
Ian Rhind, president of Wolters Kluwer Audit, Risk & Compliance, will lead the new unit. Tagetiks leaders, Marco Pierallini and Manuel Vellutini, will join the executive team.
