News and Analysis

News and Analysis (15656)

INTUIT: THE EMPIRE STRIKES BACK

Brad Smith, IntuitXero has had a decent impact on the market in the United States for low-end Internet-based accounting software, especially given its still small size. However, the New Zealand-based company is about to run into a massive Intuit response in the competition for the business of companies with 10 and fewer employees.

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GOLDMAN PUTS $40M INTO SUGAR

SugardCRMGoldman Sachs has made invested $40 million in SugarCRM. The equity investment was accompanied by the announcement that Goldman VP Antoine Munfa, a vice president at Goldman Sachs, was named to Sugar's board of directors.

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SAGE DOES YOLA PAYMENT DEAL

SageSage North America has partnered with San Francisco, Calif.-based Yola. Yola is integrating its cloud platform with Sage Exchange, its payments platform.

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DEBATING DYNAMICS ATTRITION

DynamicsDiscussion with some resellers at this month's Acumatica Partner Summit turned into a debate over the rate of attrition for the Dynamics installed base.

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BLACKBAUD NAMES INTERIM CEO

Marc Chardon, Blackbaud, departing CEOBlackbaud has named CFO Anthony W. Boor as interim president and CEO. That action came as CEO Marc Chardon resigned from his job effective August 31. Previously, the company had said Chardon would leave once a successor had been named.

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SAGE TAKING SERVICE IN HOUSE

Joe Langner, SageSage is taking Sage Business Care, its customer service effort, in house at the end of September. In a letter to the channel, Joe Langner, EVP of midmarket solutions, said that while the third-party provider, ServiceSource International “has done a good job over the past several years, we believe that bringing renewals in-house will provide significant benefits to partners, customers, and Sage.”

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RANDOM THOUGHTS: PRESIDENT NIXON

Richard NixonThe local Agway has gluten-free Dog Bars. Buy one and they will make a donation to the local animal shelter. Gluten-free products are a perfect snack for an animal that will eat three-day old road kill in 90 degree weather in July. "It has a hint of asphalt and notes of blue bottle fly." My daughter said it was probably more about eating healthy food. I said that dead birds are generally gluten free.

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INTUIT'S SMB BIZ BOOMS

Brad Smith, IntuitIntuit's small business product sales followed a blistering pace for the year ended July 31. Three product segments in the SMB space – financial management, employee management and payment – each registered double-digit increases in revenue over fiscal 2012.

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MICROSOFT'S BALLMER TO RETIRE

Steve Ballmer, Microsoft  Microsoft CEO Steve Ballmer has announced his plan to retire from the company within a year. The long-time Microsoft leader says he will leave once a successor is chosen. Wall Street, which has not been happy with the loud and frenetic CEO, registered its approval by boosting the price of company shares.

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OPEN SYSTEMS ACQUIRES RESELLER

Open SystemsOpen Systems has acquired MicroAccounting Systems of Beaverton, Ore. It's the second reseller that Minneapolis-based Open Systems has acquired in the last two years.

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