Oracle said its NetSuite revenue rose by 32 percent for the year ended March 31. That represents an acceleration from increases in the 25-percent range in the past two quarters.

EQT Partners, a private equity group based in Sweden, has acquired Acumatica. The group already owns IFS, which markets ERP software. Terms of the sale were not disclosed.

Xero has hired Chris Wicker as head of its partner program. Wicker is a veteran of partner sales at both Sage and the former Abila, itself a spinoff from Sage.