
News and Analysis (15659)
EPICOR, ACTIVANT A $2-BILLION DEAL
- Monday, 04 April 2011
- News and Analysis
- Written by mark
Epicor Software has agreed to a buyout offer from private-equity firm Apax Partners. The deal is valued at roughly $976 million based on a $12.50 per share price. Epicor will be combined with another ERP company, Activant, that Apax is also buying with Epicor remaining as the surviving name. The combined company will have about $825 million in annual revenue And Apax says the combined purchase price is about $2 billion. Activant, a public reporting company but not publicly traded, is controlled by investment funds affiliated with Hellman & Friedman, Thoma Bravo and JMI Equity.
HOUILLON TAKES OVER AT SAGE
- Friday, 01 April 2011
- News and Analysis
- Written by mark
A little earlier than perhaps expected, the era of Pascal Houillon as CEO of Sage North America began this week. He took over from Sue Swenson, who had held the job since from March 2008, and had it for one of the toughest periods imaginable since she got to be the hatchet-person for shedding people and costs. Yesterday was her last day. The press has not officially talked to Houillon – a scheduled call was postponed until May 6 because of the timing of the end of the first half yesterday, March 31, and the announcement of those results on May 4.
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SPECIAL ITEMS HELP LAWSON 3Q
- Friday, 01 April 2011
- News and Analysis
- Written by mark
Non-operating income helped Lawson Software to sharp increase in net income on a 5.4-percent rise in revenue for the third quarter ended February 28. And unusual might be the general tone of the results since the company canceled its earnings webcast because of the unsolicited takeover bid it has received from Infor. Net income of $21.4 million for the most recently ended quarter compared to $1.7 million a year earlier, anything but routine.
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CONVERGENCE: TOUGH SELL TO GP USERS?
- Friday, 01 April 2011
- News and Analysis
- Written by mark
Atlanta isn’t the hottest ticket for shows (but they used to do well with Comdex) and the product announcements looming this year are the latest versions of Dynamics AX and SL. Last year was the big show for Dynamics GP with the 2010 version of that application rolling out. So is Convergence going to be a tough sell for GP users, a group that I’d have to think is the biggest in the United States among the four financial packages?
Read more...TREY/SWK BETTING FARM ON X3?
- Friday, 01 April 2011
- News and Analysis
- Written by mark
Trey Resources, the parent company of SWK Technology, continued to lose money during 2010. But as usual, the Livingston, N.J.-based reseller issued results to show SWK’s performance without the parent. And that showed $206,000 in revenue from the X3 efforts in the year ended December 31 and $525,000 in X3 sales recognized during the quarter ended yesterday, March 31. Read more...
TRIBRIDGE CLEANS UP ON USER AWARDS
- Friday, 01 April 2011
- News and Analysis
- Written by mark
Tribridge, the Tampa, Fla.-based Dynamics reseller, has four users receiving awards at the upcoming Convergence conference in Atlanta out of 18 overall receiving honors for business achievement. The reseller also said it had five finalists in the awards process. Tribridge customers receiving customer excellence awards are as follows: CyraCom International, Dynamics Nav Innovation; Zeller Corp., Excellence in Financial Management; Gumdrop Books, Dynamics Nav Evangelism; and State of Illinois Department of Corrections, Extending Microsoft Dynamics CRM.
Read more...KLAUS VS. KLAUS ON EPICOR’S CHANNEL
- Friday, 01 April 2011
- News and Analysis
- Written by mark
Epicor’s public statements about its channel continue to be a source of puzzlement and amusement. On March 9, CEO George Klaus told attendees at the first annual Signal Hill Technology Conference in about as plain language as possible that “We have a direct sales organization, a direct go-to-market strategy. … All of our competitors who compete with us in this market …. All of those go to the market through a channel. … Customers who buy through the channel deal with multiple partners in different locations."
OPEN SYSTEM TURNS VAR INTO OFFICE
- Friday, 01 April 2011
- News and Analysis
- Written by mark
Open Systems has acquired a long-time reseller, Independent Computer Services, has turned that organization into a company office in Orange County, Calif. Tony Moliterno, president of ICS and executive business consultant for Open Systems, joins the Minneapolis-based software vendor. The last time Open Systems absorbed a reseller, it took on TBC International of Salado, Texas, in late 2009.
Read more...INTUIT TO RESELL SALESFORCE CRM
- Friday, 01 April 2011
- News and Analysis
- Written by mark

INTACCT: NO COMPETING PRODUCTS FOR VARS
- Friday, 01 April 2011
- News and Analysis
- Written by mark
Last week’s statement that it would seem to be easier to carry multiple cloud products and that some VARs are already doing that brought an elaboration from Intacct’s channel VP Taylor Macdonald. Generally, Intacct is not signing those who sell or want to sell competing products. ”We have grandfathered a small number of firms (less than 5, principally BPO firms who became VAR’s) to be allowed to sell Intacct and a competing Cloud product (QB online doesn’t count),” Macdonald wrote in an email. Read more...
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