News and Analysis (15634)
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.
PROCORE LANDS $75 MILLION
- Thursday, 10 January 2019
- News and Analysis
- Written by mark
Procore Technologies, which markets cloud-based construction software applications, has raised $75 million in funding. The Carpenteria, Calif.-based company last month said it had closed the funding round led by Tiger Global Management.
MYOB AGREES TO KKR, EXCEPT
- Wednesday, 09 January 2019
- News and Analysis
- Written by mark
After initially rejecting a takeover bid by KKR, Australia-based MYOB has accepted an offer of $3.40 (Australian) per share for the shares KKR does not already. There is one big exception to this—MYOB is free to solicit competing proposals until February 22.
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