News and Analysis

News and Analysis (15677)

NETSUITE SIGNS CIRCULAR EDGE

Oracle NetSuite has signed Circular Edge to its reseller program. The newest member of the Solution Provider Program is also joining NetSuite’s SuiteLife program.

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ALITHYA’S REVS RISE 52.2% IN FY 2022

Alithya, a Dynamics and Oracle reseller based in Montreal, Que., narrowed its loss for the year ended March 31 on a 52.2 percent rise in revenue year-over-year. That included a 39.4-percent rise in increase in revenue for operations in the United States, the company said this week.

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VISMA SELLS IT CONSULTING BIZ

Visma, which has been rapidly mopping up software companies in Europe and South America, is selling its IT consulting business to CVC Capital Partners Fund VIII. Terms were not announced.

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CEGID BUYS U.K. RETAIL SOFTWARE BIZ

 Cegid, which makes financial and retail software, has acquired StoreIQ, which also makes retail software. Terms were not disclosed.

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CLOUD AT WORK OPENS CANADA CENTER

 Cloud at Work, a hosting company that is a sister to reseller Net at Work, has opened a data center in Toronto, Ont. The new facility follows the approval by Cloud at Work as Strategic Hosting Provider for migrating the software company’s on-premise customers to the cloud.

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NETSUITE REVS RISE 27 PERCENT

 NetSuite’s hot pace shows no signs of slowing down for the year ended May 31.  Parent Oracle reported this week revenue for the cloud-based products grew by 27 percent in the fourth quarter, up 30 percent in constant currency.

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WARAWA LEAVES DIRTT

 Jennifer Warawa, a long-time leader in the Sage channel, has left DIRTT Environmental this month. The company announced her departure and that of  Jeffrey Calkins as chief operating officer and interim co-CEO.

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QBO ADVANCED PRICE RISES

 The subscription price for QuickBooks Online Advanced is being raised by 11.1 percent. The price increases across the QBO line come as Intuit has also made significant changes in sales of its desktop QB products.

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HSO BUYS CANADIAN VAR

 HSO has acquired Shea Solutions, a Dynamics reseller based in Toronto, Ont. Terms were not disclosed.

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UNIT4 BUYS SCANMARKET

 

Unit4 has acquired Scanmarket, which makes procurement software. Terms were not disclosed.

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