News and Analysis (15622)
SAGE FINDS PAYROLL BUYER
- Friday, 18 January 2019
- News and Analysis
- Written by mark
Sage has reached an agreement to sell its payroll outsourcing business based in the United States. Sage Payroll Solutions will be sold to iSolved HCM, which is owned by investment firm Accel-KKR, for approximately $100 million.
LOTS OF DEALS GREAT AND SMALL—2019
- Thursday, 17 January 2019
- News and Analysis
- Written by mark
The year has kicked off with what seems like a flood of investments. In the last week, business has been booming for software companies raising funds.
QUICKBASE TO GET NEW OWNER
- Thursday, 17 January 2019
- News and Analysis
- Written by mark
QuickBase has signed an agreement to receive a majority investment by Vista Equity Partners. Current investor Welsh, Carson, Anderson & Stowe will retain what was called “a significant investment in the company.”
SAGE NA REVS UP 10.4 PERCENT
- Thursday, 17 January 2019
- News and Analysis
- Written by mark
Sage says revenue for North American rose 10.4 percent to about $199 million for the third quarter ended December 31. The statistics were presented this week as part of the company’s trading update.
VENA SOLUTIONS RAISES $75 MILLION
- Wednesday, 16 January 2019
- News and Analysis
- Written by mark
Vena Solutions, which makes cloud-based financial planning and analysis software, has raised about $75 million ($115 million Canadian) in equity funding. That follows approximately $22.5 million ($30 million Canadian) in funds raised in 2016.
TAXJAR PICKS UP $60 MILLION
- Thursday, 17 January 2019
- News and Analysis
- Written by mark
Sales tax software company TaxJar, which serves eCommerce businesses and developers, has raised $60 million in equity funding. It will invest in hiring and also in TaxJar Plus, which is designed for high-growth and high-volume eCommerce businesses.
INFOR GETS $1.2B; TALKS IPO
- Wednesday, 16 January 2019
- News and Analysis
- Written by mark
Software company Infor has finally begun talking about a possible initial public offering. The company initiated the discussion as it announced a $1.5-billion investment from its shareholders Koch Equity Development, LLC (KED) and Golden Gate Capital.
ORACLE RETAIL DEBUTS OMNICHANNEL SUITE
- Tuesday, 15 January 2019
- News and Analysis
- Written by mark
Oracle Retail has introduced the Oracle Retail Xstore Office Cloud Service to centralize store back-office operations. The software company, which built the service on the Xstore Point-of-Service that is already in the market, says the service can be implemented in as little as seven weeks from provisioning.
RANDOM THOUGHTS: R. KELLY
- Friday, 11 January 2019
- News and Analysis
- Written by mark
The TV series “Criminal Minds” will be renewed for its fifteenth and last season. There has been erosion of viewership after “Hotch”, actor Thomas Gibson was booted from the show.
ITA PRESIDENT MORK RETIRING
- Thursday, 10 January 2019
- News and Analysis
- Written by mark
Stan Mork, president of the Information Technology Alliance, has announced plans to step down from his position in August 2019. ITA plans to find a new president through member referrals and is already interviewing interested candidates.
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