News and Analysis

News and Analysis (15378)

SUGARCRM HIRES NEW CMO

Melissa Sargeant, SugarCRM CRM vendor SugarCRM has hired Melissa Sargeant as its new chief marketing officer. She replaced company co-founder Clint Oram, who now serves as chief strategy officer and head of corporate development.

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DXC OPENS AZURE MIGRATION CENTERS

Edward Ho, DXC Technology DXC Technology has added two DXC Analytics Migration Factory locations in Manila, Philippines, and Warsaw, Poland. These follow the initial center, which was opened in September in Bangalore, India.

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ROOSTOCK PICKS EUROPEAN PARTNERS

rootstockRootsock Software has named six organizations as member of its European channel. The San Ramon, Calif.-based ERP vendor says the group will support customers in Europe, the Middle East and Southeast Asia.

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SAGE HIRES NEW CFO

 Jonathan Howell, Sage GroupThe Sage Group has hired Jonathan Howell as CFO effective December 10. He takes over from Steve Hare become CEO last month following Sage’s decision to bounce high profile CEO Steve Kelly at the end of August.

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INTUIT: QBES REVS $450 MILLION

Richard Preece, IntuitIntuit receives about $450 million in annual revenue from its desktop QuickBooks Enterprise Solutions. The QBES figure, which I do not believe has been disclosed in years, was given this week by Richard Preece, the SVP who leads Intuit’s Small Business and Self-Employed Group.

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ACCTTWO ACQUIRES LEAP THE POND

David Furth, Leap the PondAcctTwo, which has been Intacct’s Partner of the Year for five straight years, has acquired Leap the Pond. Leap the Pond had $3.7 million in annual revenue and 19 employees, according to the Milford, Conn.-based firm.

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RANDOM THOUGHTS: COOLIO

Artis Leon Ivey Jr., AKA Coolio At the end of every journey is the gift shop. … This week I am getting a new right knee. It’s essential because I don’t want to sit on the couch and feel sorry for myself.

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VARS STARS: NEXT MONTH

VAR StarsThe long-awaited VAR Stars 2018 will be announced in December. VAR Stars is a listing of 100 quality mid-market resellers who are chosen without regard for revenue. Stay tuned for posting and for information about timing of newsletters and news postings.

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ERP VENDOR DESKERA RAISES $60M

Shashank Dixit, DeskeraSingapore-based Deskera, which offers cloud-based business software, has raised $60 million in funding. The company, which has offices in India, Indonesia, Malaysia and the United States, plans to use the funds to add to its product portfolio and continue to expand globally.

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QAD RETURNS TO PROFIT

Daniel Lender, QADManufacturing software company QAD posted net income of $1.8 million for its third quarter ended October 31. That compared to a loss of $904,000 in last year’s corresponding period. The improvement came on a 3.4-percent increase in revenue, which rose to $79.6 million in the most recently ended period, from $76.9 million a year earlier.

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