News and Analysis (15673)
LAWSON AGREES TO INFOR DEAL
- Tuesday, 26 April 2011
- News and Analysis
- Written by mark
Lawson Software has agreed to be acquired by Infor and Golden Gate Capital in a deal valued at about $2 billion. Under terms of a merger agreement, Lawson stockholders will receive $11.25 per share in cash. Lawson noted the purchase price is roughly 2.5 times revenue and a 14-percent premium to the value of its shares at the close of March 7, the last trading day before news reports speculating about the deal began appearing.
EMERGENCE SPLITS UP
- Friday, 22 April 2011
- News and Analysis
- Written by mark
Emergence Corp., a Dynamics reseller that had operations in Latin America, Canada, Bermuda, the Caribbean and the United States, has split into pieces. Although the company’s website still operates, some of the telephone numbers listed on the site do not work, notably the number for the Miami, Fla., site which had been center for operations in this country.
Read more...TREY RETIRES DEBT
- Friday, 22 April 2011
- News and Analysis
- Written by mark
Trey Resources, the parent company of Sage reseller SWK Technologies, has gotten itself out from under a pile of debt. Two investors have loaned the company $275,000 each and that $550,000 was accepted by YA Global, which was owed about $2.2 million on three tranches of debentures. Its a continuation of a reorganization at Trey that has taken place this year to clean up its balance sheets. The investors were not identified by SEC documents, which only said that they are accredited.
Read more...
INVESTORS SUE OVER EPICOR DEAL
- Friday, 22 April 2011
- News and Analysis
- Written by mark
A series of law suits have been filed by investors over the tender offer for Epicor Software that has been made by Apax Partners and it’s clear that these suits are common when such deals are announced. When Apax said it would spend about $2 billion to buy Epicor and ERP vendor Activant Solutions, several law firms immediately issued press releases saying they were investigating possible breaches of fiduciary duties by the Epicor board. Par for the course.
SAGE DIRECTOR LEAVING
- Friday, 22 April 2011
- News and Analysis
- Written by mark
Another veteran Sage executive is leaving the company. Paul Stobart, CEO of Sage Northern Europe, is leaving on May 31. He will be replaced by Alvaro Ramirez, CEO of Sage Southern Europe who will have the CEO job for a new division covering all of Europe. Earlier this year, new Sage Group CEO Guy Berruyer, talked extremely favorably about the Spanish operations, particularly its ability to get more maintenance revenue out of customers.
TATARINOV DISSES NETSUITE
- Friday, 22 April 2011
- News and Analysis
- Written by mark
It must be Pile On NetSuite Month. Kirill Tatarinov, head of Microsoft Business Solutions took a swing at the cloud vendor this month in answer to a question at a Cowen & Co. conference. Asked about NetSuite as a competitor, he commented, “We don't see them of the upper-mid market. In our view, they don't have offerings or the ability to serve that market from an enterprise accountability and responsibility point of view.”
KASEYA INTROS SERVICE BILLING
- Friday, 22 April 2011
- News and Analysis
- Written by mark
Kaseya has introduced two new modules, Service Billing 1.0 and Service Desk 1.3. Service Billing enables service providers to handle the billing process from one portal. Administrators can see a variety of organizations and customer details and can establish unique billing sets for asset types, such as workstations, to make sure each asset has a service rate. The system also integrates with both QuickBooks Online and QuickBook’s desktop products and enables them to generate invoices from Service Billing which flow into QuickBooks for receipt processing and generating tax and financial statements.
ALERE INTROS SCANNING SOFTWARE
- Friday, 22 April 2011
- News and Analysis
- Written by mark
TIW Corp. has developed a new business application called Alere Data Acquisition that integrates with Alere Accounting and Alere Manufacturing. The application enables users to capture scanned data that can be imported into sales orders, used for shipping or transfer or received on purchase orders. A button on the sales and purchase order screens can activate the scanner. The system can accommodate edge scanners and scanners using Terminal Services. A scanner using Terminal Services will operate as a single user.
Read more...ACUMATICA PULLS A NETSUITE ON NETSUITE
- Wednesday, 20 April 2011
- News and Analysis
- Written by mark
Acumatica, the cloud and on-premise vendor with roots in the Solomon architecture, has issued a press release announcing that several customers are switching from NetSuite to Acumatica. While this is a new message for Acumatica, the approach is standard for NetSuite, which uses what I've described as "whack-a-mole" marketing. It's interesting watching the competitors trying to turn the SaaS table.
CONVERGENCE AX 2011?
- Wednesday, 13 April 2011
- News and Analysis
- Written by mark
Convergence 2011, the Dynamics user conference held this week in Miami, wasn't labeled Convergence AX. But it could have been. While last year the launch of GP 2010 drew a large GP crowd, this year's pending introduction of Dynamics 2012 in AX made devotees of that package the largest group. Users of Dynamics NAV, whose turn is next year, and SL were much harder to find. GP was still well represented. But just how much AX is gaining in importance was demonstrated by the exhibits. The booth guide showed about 130 exhibits listing themselves as allied with GP and about 115 with AX (or course many of those are the same.) Read more...
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