NetSuite was hit with an outage this week that left users without access to their financial systems for hours. NetSuite has not issued an official public statement. However, on July 24, the company posted the following to https://status.netsuite.com:

Under the sea is taking on a new meaning with Microsoft’s announcement it is testing underwater datacenters. The software company is in the second phase of the program in which it is operating a prototype on the seafloor near Scotland’s Orkney Islands.

So much for the Adaptive insights initial public offering. Workday is acquired the cloud-based budgeting and planning software company. Workday this week said it will pay $1.55 billion for Palo Alto, Calif.-based Adaptive, including $150 million in unvested equity issued to the target company’s employees.