News and Analysis (15703)
ORACLE TO PAY $9.3B FOR NETSUITE
- Thursday, 28 July 2016
- News and Analysis
- Written by mark
Oracle has agreed to buy NetSuite for a deal valued at about $9.3 billion. Redwood Shores-based Oracle will pay $109 per share in cash in a deal that had the industry rumor mill in high gear for the last few weeks. Oracle CEO Mark Hurd said the company will invest heavily in both product lines. The deal is expected to close this year.
TRAVERSE CLOUD INTRODUCED
- Wednesday, 27 July 2016
- News and Analysis
- Written by mark
Open Systems has released Traverse Cloud, which is hosted in the Microsoft Cloud. The Minneapolis, Minn.-based software company says the new product is a complete ERP system. The company also says Microsoft recently approved it as a Microsoft Cloud Solution Provider. Traverse Cloud has accounting, manufacturing, distribution and verticals.
SAGE REVS UP 6 PERCENT
- Wednesday, 27 July 2016
- News and Analysis
- Written by mark
Sage says its organic revenue for the third quarter ended June 30 was up 6 percent over a year earlier. The figures were given as Sage issued its third quarter trading update. European companies provide trading updates for their first and third quarters with percentages of change but no monetary amounts for revenue and earnings.
SAGE OFFERS MEDIA GUIDE
- Saturday, 23 July 2016
- News and Analysis
- Written by mark
Sage has published a media guide to prep its channel members in a document that also shows its channel events are closed to the media. I suppose other companies provide media guides, but this is the one I happen to have. The trend continues that Sage is largely focused on providing information about its celebrity speakers: Richard Branson, Zoey Deschannel, Gwyneth Paltrow and Robert Herjavec, who will be a panel on the impact of cloud computing.
HARRIS TO HEAD SAGE PROGRAM
- Friday, 22 July 2016
- News and Analysis
- Written by mark
Nancy Harris, who has run Sage operations in Canada for several years, will become EVP of Sage's North American partner and accountant business. Her prior job is being filled by Paul Struthers as EVP and managing director of Sage Canada. She will be based in Richmond, Ontario. Struthers had worked at Amdocs since January 2001 and was VP and GM in his last position there starting in July 2014.
KELLY: 15K REGISTERED FOR SUMMIT
- Friday, 22 July 2016
- News and Analysis
- Written by PMG Admin
Sage CEO Steve Kelly said this were there are 15,000 individuals registered for Sage Summit. And there are another 15,000 who has signed up to watch remotely the United Kingdom-based CEO said this week in a tweet. So is this a half full glass or half empty? It's a good number, but the total does not meet the 20,000 the company told exhibitors it would get.
COPLEY TOPS INFOR CHANNEL
- Friday, 22 July 2016
- News and Analysis
- Written by mark
The Copley Consulting Group was named Partner of the Year by Infor at the company's recent Partner Summit. Copley has been one of the success stories in Infor's microvertical program through its utilization of Infor Industrial Cloud Suite [SyteLine] to develop a thriving medical device business.
INFOR CREATES H&L DIGITAL DIVISION
- Friday, 22 July 2016
- News and Analysis
- Written by mark
Infor has created a new division, H&L Digital a division designed to provide end-to-end cloud applications. The company said the new division, combined with existing software and platforms, would provide new capabilities. Infor has hired Marc Scibelli as lead digital strategist and head of the new division and said H&L is a client-facing extension of Hook & Loop, the company's in-house creative agency.
SAP SURGES IN SECOND QUARTER
- Friday, 22 July 2016
- News and Analysis
- Written by mark
SAP was hitting on all software cylinders for the second quarter ended June 30. "We delivered a Trifecta of double-digit software, cloud and operating income growth," CEO Bill McDermott said during this week's earning's webcast. Well, that is in non-IFRS terms. On an IFRS, basis, it was a strong quarter, just not so over-the top.
SAGE LOOKS FOR ACCOUNTANT LEADER
- Thursday, 21 July 2016
- News and Analysis
- Written by mark
Sage is looking for someone to head its global market strategy for accountants and bookkeepers. The information was part of a LinkedIn post this week by Jennifer Warawa, the company's EVP of product marketing. Warawa held leadership positions for its channel programs, starting in June 2008. She took over Sage Accountant Solutions in October 2013 and remained in charge of that program until April.
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