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LICENSE REV DROP DAMPENS INFOR IPO TALK

An 11-percent decline in license revenue cut into Infor’s results for the first quarter ended July 31. With license income off 15 percent in constant currency for two consecutive quarters, the results seemed to cool off the software company’s talk of a possible initial public offering.

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CEGID NAMES FIRST CFO

Cegid, a French company which makes ERP and retail software, has named François Vauthier as CFO. A newly created position, the job is based in Lyon, France, and reports to CEO Pascal Houillon.

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NET AT WORK CHANGES COOs

Net at Work has promoted Gayle Heskiel to the position of chief operating officer. She replaces Paul Frydman, who had held the job since 2016.

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