News and Analysis

News and Analysis (15676)

PE FIRM BUYS CERTINIA

Private equity firm, Haveli Investments, has acquired Certinia, known until this year as FinancialForce. Terms were not disclosed but Reuters reported, citing sources, that the deal is valued at nearly $1 billion including debt.

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SAP: UPDATES FOR CLOUD ONLY

 SAP develop new ERP capabilities and artificial intelligence features only to cloud products, the company said this month.

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QUEUE OPENS IN BERMUDA

Queue Associates, based in New York City, has opened an office in in Hamilton, Bermuda. In its announcement, the Dynamics reseller said it needs a physical presence in the LATAM region.

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VISMA REVS UP 15 PERCENT

 Revenue for Visma rose 15 percent year-over-year to roughly $57.5 million, also up 15 percent organically, the ERP vendor said this week.

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SOVOS HAS NEW CEO

 

Sovos has named Kevin Akeroyd as its new CEO.

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VERSAPAY HIRES SALES HEAD

Payments software vendor has hired Greg Stivers as chief revenue officer. His arrival follows the naming of Carey O’Connor Kolaja as CEO earlier this year

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SILVERSUN AGAIN MODIFIES MERGER

 SilverSun Technologies, parent of SWK Technologies, and Rhodium Enterprises have amended their merger agreement for the fifth time. That follows two withdrawals of SEC stock registrations by SilverSun Technologies Holdings because of the failure to close the merger.

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WESTERN COMPUTER ACQUIRED

Dynamics reseller Western Computer has been purchased by Evergreen, which has acquired 70 software and services companies since 2017.

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SALESFORCE HIKING LIST PRICES

 Salesforce will increase list price by an average of 9 percent next month. The company said it last raised list pricings seven years ago.

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BUTLER ADDS INFOR CHANNEL TITLE

 SVP Salena Butler has added channel chief Americas to her title at Infor.

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