News and Analysis

News and Analysis (15677)

CAI BUYS OPEN SOURCE VENDOR XTUPLE

 Open-source ERP vendor OpenMFG, which does business as Xtuple, has been acquired by CAI Software, a manufacturing software publisher. Terms were not disclosed.

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VISMA REVS JUMP 16 PERCENT

ERP software vendor Visma, driven by the growth of cloud software and service, reported revenue for the second quarter ended June 30 to about $607.1 million. Net income dropped by 4.2 percent to roughly $13.1 million.

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NETSUITE STARTS REFERRAL PROGRAM

Oracle NetSuite has started a customer referral program, along with a program for associations and buying groups. NetSuite had “some things” for rewarding referrals but the new effort unites those under SuiteReferrals.

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SMITH HEADS MICROSOFT CHANNEL SALES

 David Smith, who was previously VP of U.S. partners, has been named VP of worldwide channel sales by Microsoft.

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DYNAMICS 2022 WAVE 2 SPELLED OUT

 Microsoft has released details for Dynamics 365 and Power Platform, 2022 Wave 2. The new features, which will be released between October and March, were spelled out this month for numerous varieties of Dynamics 365.

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RSM TAKES U.S. DYNAMICS AWARDS

RSM US has received two Partner of the Year awards for the United States. That is on top of the global partner of the year honor RSM received for the nonprofit industry category and one as a finalist in the government market earlier this month. 

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COMTEC BUYS RAM SOFTWARE

 Epicor reseller ComTec Solutions has acquired Ram Sotware Systems, a Richardson, Texas-based Epicor VAR that serves manufacturing and distribution clients. The deal, described as part of a 10-year growth plan.

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SAGE VET GOODE LANDS CMO JOB

Former Sage executive Nick Goode has taken a position as chief marketing officer with Copper.co. Goode assumed the position with his new employer.this month.

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IFS ACQUIRING ULTIMO

 IFS, a sister company to Acumatica, has agreed to buy Netherlands-based Ultimo Software Solutions. Terms were not disclosed.

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COLUMBUS NAMES NEW CFO

 Dynamics reseller Columbus has named Brian Iversen CFO effective October 1. He replaces Hans Henrik Thrane, who is departing the Copenhagen, Denmark-based company on August 31.

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