News and Analysis

News and Analysis (15669)

UXC AGREES TO CSC BUYOUT

Cris Nicolli, UXCAustralia-based UXC has agreed to a buyout offer from Computer Sciences Corp. That translates to about 90 cents per share. In Australian dollars, that is $1.22 per share plus a 2-cent-per share interim dividend for the half year ending December 31. The companies did not do the math but there were about 330 million shares outstanding when UXC's year ended on June 30 so that puts the deal around $297 million. The total of $1.24 per share is down from the initial $1.26-per-share offer.

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ZAP HIRES ARMSTRONG AS SALES VP

Donna Armstrong, Zap Business IntelligenceIn the continuing chain of Sage employment and alumni news, Donna Armstrong last month became Global VP Sales for Zap Business Intelligence. Armstrong, who had worked at Sage since 2010, was VP of sales for X3 North America for three years until leaving month. Interesting that when I clicked on the name "Zap" in Armstrong's LinkedIn profile, it brought up an ad for a senior sales position in the United States and says that person could work from a home office and that there were four applicants.

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FORMER SAGE CTO PALSULE JOINS EPICOR

Himanshu Palsule, Epicor SoftwareHimanshu Palsule, who served as chief technology officer of Sage North America until last month, is now head of global delivery ERP financials for Epicor Software. The new title popped up on his LinkedIn page as effective this month. He had served as CTO and head of strategy since July 2012 and had worked at Sage since 1997. 

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SAGE VP DOUG LABAHN GONE

Doug Labahn, SageDoug Labahn, global VP of marketing for Sage Live, has left Sage North America. There have been so many changes in executive jobs at the software manufacturer in the last few months there must be a new budget line item for printing business cards. Labahn took over that job in February after working with Sage since 2012. The company said he was leaving immediately and had been replaced by Jennifer Warawa.

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NO NEWSLETTER NEXT WEEK

Happy Thanksgiving from all of usThere will be no newsletter mailed on Friday, November 27. Items will continue to be posted to www.bobscottsinsights.com as dictated by events. In the meantime, we wish you a Happy Thanksgiving. And remember not to drop your unthawed turkey into a deep fryer filled with oil. But if you do, send us the pictures.

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RANDOM THOUGHTS: SIEGFRIED & ROY

Siegfried Fischbacher, Siegfried & Roy Authorities have concluded they have found the perfect punishment for executives involved in the recent scandal at Volkswagen. They will be forced to write 10,000 times, "I will not lie about emissions." ... After reading all the LinkedIn tag lines such as "Dynamic Creative Executive", I've decided mine will be "Success through Pure Dumb Luck." ... I'm tired of announcements constantly someone who is excited to launch a product. I'm waiting for a company willing to say, "This is a dull boring product, but it's going to save you a ton of money.

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DYNAMICS AX HITTING THE CLOUD

Mike Ehrenberg, MicrosoftThe hottest topic in the mid-market right now is Dynamics AX with Microsoft officially announcing this week the product will be available in the cloud in the first quarter. Since resellers are already live with early customers, this hardly seems like a surprise for much of the channel and the ongoing consolidation of the AX VAR market suggests players have been readying themselves. "We have invested in early access programs that have the service in the hands of hundreds of partners and have a record number of ISV solutions ready to go with the new Dynamics AX at launch," wrote Mike Ehrenberg, chief technology officer for Microsoft Business Solutions.

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SAP B1 HITS 50K CUSTOMERS

Luis Murguia, SAPSAP Business One has been sold to 50,000 customers, the software company said earlier this month. The announcement was made at the recent SME Business Summit but did not detail any geographic breakdown. (I attended the prior two Summits but this conflicted with the Intacct conference). SAP also said partners and customers can now run the B1 Cloud application, powered by its Hana platform, at SAP-run data centers.

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EDGEWATER BID TIMELINE DISCLOSED

Jeff Eberwein,  Lone Star Value InvestorsAmeri100 and Lone Star Value Investors, which are bidding for Edgewater Technology, this week spelled out the timeline in talks between the companies. In documents filed with the SEC, the investor group outlined their approaches to the software company in what has become a hostile takeover attempt. The documents reports  that Lone Star managing partner Jeff Eberwein had a telephone conversation with Edgewater CFO Timothy Oakes on June 11.

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RSM GOBBLES UP JUNCTION SOLUTIONS

Steve Ems, RSMRSM (until recently known as McGladrey) has ballooned as a presence in the Dynamics AX market with the purchase of Junction Solutions. The deal  adds $50 million to the $174 million in annual revenue reported by the accounting firm's IT consulting business. "This one really gives us a huge uplift in capacity," says Steve Ems, RSM principal and national business applications leader about the week's announcement of the purchase.

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