News and Analysis (15677)
DEMANDFORCE BUYER NAMED
- Friday, 15 January 2016
- News and Analysis
- Written by PMG Admin
Internet Brands has agreed to acquire Demandforce, one of Intuit's shortest-lived, high-profile acquisitions of the Brad Smith era. Demandforce publishes web-based marketing software. The deal is expected to close next month. No price was disclosed. Founded in 2003, Demandforce, acquired by Intuit during the tenure of its current CEO in 2012 for $424 million, offers communication, reputation and networking tools.
SAGE'S SPRING'S EXIT: PRAISES, REGRETS
- Thursday, 14 January 2016
- News and Analysis
- Written by mark
A quick sample of reseller sentiment about the exit of chief revenue officer Richard Spring from Sage after nine months was what I thought it might be: Spring won over resellers and they hope the improved status of VARs and better relationships with Sage is sustained. Clark Haley, CEO of BCS/ProSoft, had this to say: "I felt that he appreciated the value that the reseller community brings to Sage and rather than blaming us for their falling market share, he was working to put programs in place that would benefit us and help Sage.
BURGUM TO SEEK N.D. GOVERNORSHIP
- Thursday, 14 January 2016
- News and Analysis
- Written by mark
Former Great Plains CEO Doug Burgum is seeking the Republican nomination to be governor of North Dakota. News wire stores say Burgum does not expect to win the endorsement from the party at the GOP convention, but will run in the Republican primary in June. New reports also say Burgum has criticized the state's GOP legislature on social issues. That includes its failure to pass legislation to ban discrimination based on sexual orientation and that he has spoken about the importance of equal rights, inclusion and tolerance of others.
NET@WORK OWNERS BUY MAGENTO BIZ
- Thursday, 14 January 2016
- News and Analysis
- Written by mark
Net@Work founders Alex and Eddie Solomon had acquired the Magento Practice of Pixafy. The purchased operation—now a Net@Work sister company—carries the name Pixafy Services, which brought about 43 employees with it, and will also serve as the reseller's Web and ecommerce arms. Net@Work merged its ecommerce operations into Pixafy Services.
SILVERSUN PAYS CASH DIVIDEND
- Wednesday, 13 January 2016
- News and Analysis
- Written by mark
SilverSun Technologies, parent of reseller SWK Technologies, has declared a special cash dividend. The amount is six cents per share to holders of record on January 15. But for an organization that a few years ago looked very tenuous, this is a pretty remarkable development. "We believe this special one-time cash dividend—the first in our Company's history—is an appropriate way to reward our shareholders for their support," SilverSun CEO Mark Meller said in a prepared statement.
SAP RIDES S4/HANA TO STRONG 2015
- Wednesday, 13 January 2016
- News and Analysis
- Written by PMG Admin
NetSuite may have to find another way to beat up on SAP after the Germany-based software company announced increases in revenue that included a double-digit rise in software license income for its fourth quarter. SAP also had what it called exceptional growth in cloud revenue for the fourth quarter ended December 31 as it issued its preliminary 2015 results this week.
EVP SPRING GONE FROM SAGE
- Friday, 08 January 2016
- News and Analysis
- Written by PMG Admin
Earlier this month, I just missed Rich Spring, Sage North America's EVP and chief revenue officer, who was talking to someone at the Information Technology Alliance conference. He darted away before I could talk to him. No need now as the Spring era has ended. Spring, who joined the company in April, has left with Sage thanking him for his time. CFO Marc Scheipe, who is serving as interim president of Sage North America, will take over his duties until a replacement is found.
SAGE GLOBAL HIRING CONTINUES
- Friday, 08 January 2016
- News and Analysis
- Written by mark
When discussing results for the year ended September 30, Stephen Kelly, CEO of the Sage Group, said almost 40 percent of the company's top 100 employees had been replaced. That shuffling continues as Sage's focus on operating as a global company—not country-by-country—is being shown by the continued appointment of staffers to global positions. Among those elevated in December was Sally Swoboda, who had been senior business analyst for X3, and who became global distribution product manager for the manufacturing package.
SAP NAMES NEW CANADA CHIEF
- Friday, 08 January 2016
- News and Analysis
- Written by mark
SAP Canada has hired John Graham as managing director. Graham replaces Bob Elliott, who became SVP of global sales for HootSuite in November. Elliott started at SAP in October 2007 and held the Canadian position from May 2013 until his departure. Graham has spent 14 years at SAP and was most recently head of the Global Partner Organization for SAP North America with, responsibility for managing strategic alliance partners, channel resellers, third-party partners, OEM partners, distribution, inside sales and managed cloud as a service. Graham also served as COO of SAP North America.
FINE TAKES IN BESTTECHSNW
- Saturday, 09 January 2016
- News and Analysis
- Written by mark
Fine Solutions, a Lynwood, Wash.-based Dynamics reseller, has acquired BestTechsSW a Dynamics GP VAR based in Issaquah, Wash. Mike LaBrie, former partner of the purchased company, has joined the Fine Solutions Project Delivery Team. Fine Solutions, headed by CEO Dan Fine, said the deal brings its staff to 35, expected to reach 50 in two years. (And there are so many deals this week I am running out of headline words for "buys".)
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