Coupa Software Incorporated (NasdaqGS:COUP) acquired substantially all of the assets of Spend360 International Ltd for $10.1 million on December 30, 2016. As part of the acquisition, Coupa Software Incorporated issued 94,241 shares of common equity as consideration and $7.8 million in cash of which $1 million is due twelve months after the acquisition date. Spend360 team has joined Coupa. The acquisition is not expected to have a material impact on Coupa's results of operations or financial condition for its fourth quarter or fiscal year ending January 31, 2017. Clarke Willmott acted as legal advisor to Spend360 International. Coupa Software Incorporated (NasdaqGS:COUP) completed the acquisition of substantially all of the assets of Spend360 International Ltd on December 30, 2016.