![]() On OctoTom Heiser was appointed CEO, replacing Paul Ilse. Paul Ilse, an Operating Partner with Francisco Partners, has initially been named as Chief Executive Officer of ClickSoftware. Moshe BenBassat, ClickSoftware's Founder and CEO, retired from the CEO role, though remained a board member of ClickSoftware and also serves as an active advisor in further advancing its strategic goals and growth objectives. The Company continues to operate under the same brand as ClickSoftware Technologies Ltd. With the completion of the transaction, on July 13, 2015, ClickSoftware became a privately held company, and its ordinary shares ceased to trade on the NASDAQ Global Select Market. On April 30, 2015, ClickSoftware announced signing a definitive agreement to be acquired by private funds managed by Francisco Partners Management L.P., a technology-focused private equity firm, in an all-cash transaction valued at approximately $438 million. In 2014, ClickSoftware acquired Xora Inc., a cloud-based mobile workforce management company. In 2013 ClickSoftware successfully integrated its software with the native salesforce1 platform making its products available on the salesforce app exchange. At the Summer Olympics in China in 2008 ClickSoftware was responsible for coordinating the activities of hundreds of telecommunications technicians. In 2003 ClickSoftware was chosen to optimize the scheduling and street-level routing of Deutsche Telekom's T-Com division's field service engineers. Shares of ClickSoftware began trading on the NASDAQ in 2000, at the height of the dot-com bubble. ![]() On Oct 21, 2002, ClickSoftware announced to restate financial statements for 20, as well as the first six months of 2002, following a review of the statements by the company's audit committee. In an interview with The Wall Street Transcript, BenBassat explained that the company developed from what had originally been his own consulting practice. BenBassat has held faculty positions at the University of Southern California, at Tel Aviv University and at UCLA. The company's name had earlier been ClickService Software, and IET–Intelligent Electronics before that. ![]() ClickSoftware was founded in 1997 by Moshe BenBassat and headquartered in Givat Shmuel, Israel.
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