| Siebel heads out on acquisition path | CNET News.com (555 words) |
 | Siebel moved deeper into the hosted business applications market earlier this month, when it announced a pay-by-the-month software program, called Siebel CRM OnDemand, which is set to launch by the end of the year. |
| Siebel's rationale for acquiring UpShot is similar to acquisitions it's made in the past, which is, "within a very short time to establish a commanding lead" in the market segment it's targeting, CEO Tom Siebel said during an earnings teleconference. |
| Siebel says the overall market is growing and will generate an estimated $100 million in sales this year. |
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