News and Analysis

News and Analysis (15677)

SIMPRO RECEIVES $31 MILLION

Ken Del Gobbo, simProSimPro Software, which makes project management software, has received a $31 million investment from New York-based Level Equity. Level Equity will remain a minority investor, the company said. Based in Brisbane, Australia, the company is related to Gemaccounts, a cloud-based accounting software company, that put out a few press releases in this country and then went quiet.

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XTUPLE HONORS FRIENDLY SYSTEMS

Phil McIntosh, Friendly SystemsTuple, which markets open source financial software, has named Friendly Systems as its Partner of the Year. Based in Atlanta, Ga., Friendly was given the Dan Means Memorial Award, which honors Dan Means, an xTuple reseller, who died in early in 2014.

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CHANNEL DIRECTOR LEAVES EPICOR

John Matterson, EpicorJohn Matterson, who was given responsibility for the Epicor North American channel, has left the company. That reminds me—at its conference in April, Epicor said it would announce a new channel program this month. Matterson assumed his last Epicor job in October 2015 as senior director for the channel program.

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BLACKBAUD PICKS VERTICAL LEADERS

Russ Cobb, BlackbaudBlackbaud, based in Charleston, S.C., has named presidents of two groups that address key vertical markets. The nonprofit software vendor named Tim Hill, as president of its Higher Education Solutions group and, Russ Cobb, as president of its Healthcare Solutions group. Their LinkedIn profiles show Hill started work for Blackbaud this month; Cobb in July.

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SYSPRO HIRES MARKETING HEAD

 Dawna Olsen, Syspro USASyspro USA has named Dawna Olsen as chief marketing officer, a newly created position. Olsen was most recently senior director of corporate marketing for Epicor, a position she had held from April 2014 until taking the position with Syspro last month.

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ACL PICKS UP SAGE VP AS CFO

Brendan Quigley, ACL Services ACL Services has hired Brendan Quigley as CFO. Quigley was most recently CFO SVP of financial planning and analysis for Sage North America. Quigley spent six years with Sage on this continent in executive finance roles and held his last job there from 2016. ACL, which makes audit and financial risk software, said Quigley will "direct the company's corporate finance and risk management functions, and support the Senior Leadership Team by developing and executing on strategic business goals."

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NEW DYNAMICS MARKETER IN PLACE

Hitu Chawla, MicrosoftMicrosoft has chosen a veteran of its operations in India to head marketing for Dynamics on this continent. Hitu Chawla started as director of marketing for Dynamics in North America in September. Chawla had worked with Microsoft India since January 2006.

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ORACLE NETSUITE OFFER STALLS

 NetSuite Oracle has extended its tender offer to purchase NetSuite. The offer was originally scheduled to expire on October but the date has been pushed to November. This deal hit a roadblock when T. Rowe Price said it would not tender its shares. And in its announcement of the extension, Oracle made it clear the new deal is make-or-break."

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RANDOM THOUGHTS: GARY JOHNSON

Gary Johnson, Libertarian candidateThe problems with fires started by overheated batteries in the Samsung Galaxy 7 have gotten out of hand with replacement batteries now catching fire. It's so bad that when I took out my Galaxy at the airport, two TSA guards seized me and wrestled me to the ground. To make matters worse, I paid for the device from my secret Wells Fargo account while I was driving around in my VW diesel wagon.

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ACCFUND SETS USER MEETINGS

Peter Stam, AccuFundAccuFund has set dates for user group meetings across the United States between November 10 and December 2. The Needham, Mass.-based nonprofit software company says topics will include updates to AccuFund's current version, plans for the next version and year-end changes expected for 2016.

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