NETSUITE PAID $5M FOR RETAIL ANYWHERE

NetSuite LogoNetSuite paid $5 million in November when it purchased assets from Retail Anywhere, which makes online POS systems. This was not previously reported but appeared in the company’s form 10-K for the year 2012. There is another $1.3 conditional cash payment being withheld for up to 15 months. NetSuite said it also acquired two small South American companies to help develop its ecommerce vertical and it purchased assets related to those two for $4 million in cash.

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