News and Analysis (15380)
MACOLA RESELLERS SUE ECI
- Friday, 09 November 2018
- News and Analysis
- Written by mark
Thirteen Macola resellers who were terminated from their VAR Contracts have filed sued against ECI Macola/Max LLC, the company which owns the software package. The group this week alleged antitrust violations, tortious interference, breach of contract, along with other claims. ECI has not responded to a request for comment.
COLUMBUS NA REVS OFF DOUBLE DIGITS
- Friday, 09 November 2018
- News and Analysis
- Written by mark
Columbus had good results for the nine months ended September 30. But once again that was no thanks to operations in the United States, the story for the company's year.
ORACLE GETS RIMINI INJUNCTION
- Thursday, 08 November 2018
- News and Analysis
- Written by mark
Oracle has been granted a permanent injunction against Rimini Street, which provides support for enterprise software. The Federal District Court in Nevada rejected Rimini’s effort to delay the injunction which prohibits Rimini and its Seth Ravin from continuing what a 2015 copy infringement trial found was unlawful infringement.
Read more...XERO HITS 1.6 MILLION SUBSCRIBERS
- Friday, 09 November 2018
- News and Analysis
- Written by mark
Xero added 380,000 subscribers in the last year reaching slightly less than 1.6 million for the half year ended September 30. The New Zealand-based company issued the statistics as it reported revenue for the most recently ended period was up 36 percent, but its loss rose by 46 percent over last year’s corresponding period.
AVALARA SPENDS INTO MARKET
- Thursday, 08 November 2018
- News and Analysis
- Written by mark
Avalara more than doubled its loss for the second quarter ended September 30 as it spent to grow its market. The company’s revenue rose by 24.3 percent over last year’s corresponding period, but operating expenses were up 41.1 percent over a year earlier.
INTUIT SETS GOODARZI’S PAY
- Wednesday, 07 November 2018
- News and Analysis
- Written by mark
Intuit has changed compensation terms for Sasan Goodarzi, who will become Intuit’s CEO on January 1. He will succeed Brad Smith, who will become executive chairman on that date. Goodarzi’s base salary will be $1 million, up from the $750,000 he currently receives.
MYOB TALKING TO KKR
- Tuesday, 06 November 2018
- News and Analysis
- Written by mark
MYOB Group has agreed to grant information access to KKR, which has proposed a takeover of the Australia-based software company. Meanwhile, MYOB noted that KKR has raised its cash bid to A$3.77 per share from A $3.70 per share.
DYNAMICS B.C., SMB MANAGER LEAVING
- Tuesday, 06 November 2018
- News and Analysis
- Written by mark
Marko Perisic, general manager for Dynamics 365 Business Central, is leaving Microsoft. In a LinkedIn post this week, Perisic outlined his plan to enter the HR software space after working with the software company since October 2006. His last day with Microsoft is November 16.
SAGE CFO BECOMES CEO
- Friday, 02 November 2018
- News and Analysis
- Written by mark
The Sage Group took what seems a logical route, and quick route, to getting a new CEO. It has named CFO Steve Hare to the top job. He replaces Steve Kelly, who was booted on August 31, a month before the company ended its fiscal year on September 30.
BUSINESS CENTRAL: NOW A HIT
- Friday, 02 November 2018
- News and Analysis
- Written by mark
A year ago, resellers were shaking their heads about Microsoft’s Dynamics naming conventions and what seemed erratic statements about product direction. This year, the buzz has changed to positive statements about Dynamics 365 Business Central, the renamed NAV in the cloud.
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