News and Analysis (15677)
UXC CEO TO RETIRE NEXT YEAR
- Monday, 02 November 2015
- News and Analysis
- Written by mark
Cris Nicolli has told the board of directors of UXC that he intends to retire next year after five years as CEO of the Australia-based company. Nicolli, who has been with the company for 12 years, made the announcement while his company is considering a buyout bid from IT services company CSC early in October. The press release announcing Nicolli's decision says he will continue to work with the company to evaluate the CSC offer.
RANDOM THOUGHTS: LAS VEGAS
- Friday, 30 October 2015
- News and Analysis
- Written by mark
As I was getting out of the car at the airport my wife was advising me: "Now make sure you eat soon because who knows when you will have a decent meal, again. And you are going to be in intolerable conditions, surrounded by hostile people." "Going on a safari," a guy next to me asked. "No, I have a middle seat on a transcontinental flight."
ALFAPEOPLE TO DOUBLE INDIAN STAFF
- Friday, 30 October 2015
- News and Analysis
- Written by mark
Dynamics AX VAR Alfapeople is growing its workforce substantially in India. The retail specialist recently reported it has expanded its staff in India to 25 people and expects to double that by December 2016. Alfapeople has its India headquarters and Centre of Excellence (Retail) in Gurgaon and the firm also has a regional office and delivery center in Bangalore.
EDGEWATER RESTATES GROWTH PLANS
- Friday, 30 October 2015
- News and Analysis
- Written by mark
Edgewater Technology reiterated its plan to grow by acquisition as the company itself faced a hostile merger bid. That left executives on this week's third-quarter earnings webcast saying they would not answer questions about the bid from Ameri Holdings, but facing them from one analyst anyway. "We are going to do acquisitions in this space and we are increasing our channel marketing presence," CEO Shirley Singleton said during the webcast.
BLACKBAUD: SUBS RISE 12 PERCENT
- Friday, 30 October 2015
- News and Analysis
- Written by mark
Blackbaud reported subscription revenue rose 12 percent for the third quarter ended September 30 as the move from license sales continues. Overall, the nonprofit software company reported net income dropped to $7.9 million for the most recently ended quarter, down 31.2 percent from $10.4 million a year earlier. However, for the same periods, non-GAAP earnings were $17.8 million, up 11.5 percent from $15.8 million.
EDGEWATER RECEIVES HOSTILE BID
- Thursday, 29 October 2015
- News and Analysis
- Written by mark
Edgewater Technology, a Dynamics and Oracle partner, has reportedly rejected a bid from Ameri Holdings, which has begun a proxy solicitation of Edgewater's shareholders. Through Princeton, N.J.-based Ameri100, bidders are offering $8.50 share, but say Edgewater has refused to engage in discussions. Edgewater stock has a 52-week trading range of $6.21 to $8.28 per share. Ameri100 then joined with Lone Star Value Management to oust the Edgewater board. During this week's Edgewater earnings conference call, CEO Shirley Singleton said Edgewater has no comment and is reviewing the proposal.
BLACKBAUD OPENS SOFTWARE PLATFORM
- Thursday, 29 October 2015
- News and Analysis
- Written by mark
Blackbaud has declared a sweeping new approach to how its software applications relate to the market and each other. The Charleston, S.C.-based nonprofit software vendor is implementing an open development platform, along with rolling out a consistent user interface across its applications. "Blackbaud solutions were once closed and difficult to integrate with," CEO Mike Gianoni said during this week's first-quarter earnings webcast.
SONATA TO ACQUIRE IBIS
- Thursday, 29 October 2015
- News and Analysis
- Written by mark
Sonata Software, an IT company based in Bangalore, India, will purchase I.B.I.S., which has been a top award winner in the Microsoft Dynamics realm. Perhaps we should also pay attention to the international trend—earlier this year, Denmark-based Columbus purchased Interdyn BMI. The press release announcing the deal highlighted the VAR's Advanced Supply Chain Software, based on Dynamics AX and CRM.
CEO SMITH TO BE INTUIT CHAIRMAN
- Thursday, 29 October 2015
- News and Analysis
- Written by mark
Intuit CEO Brad Smith is scheduled to become chairman of the software company in January. The company this week announced the move after Bill Campbell, chairman of the board of directors since August 1998, said he would retire that month. Campbell also served as president and CEO from April 1994 to July 1998 and as acting CEO from September 1999 through January 2000. I don't know what this means for the running of the company.
ADDON AND GOLDMINE INTEGRATE
- Thursday, 29 October 2015
- News and Analysis
- Written by PMG Admin
Financial software vendor AddonSoftware and CRM supplier GoldMine have created an integration between their applications. The link enables GoldMine's GM+View to directly access customer account and inventory information in Addon Software. From GoldMine, a customer's account information is accessible, as well as sales quotes, orders, account balances and inventory availability, across all warehouses.
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