News and Analysis

News and Analysis (15670)

MICROSOFT TO CUT 10K EMPLOYEES

 Microsoft has become the latest tech giant to announce job cuts. The software company intends to cut about 10,000 employees by the end of the March quarter. 

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ROOKSTOCK HIRES CFO

 Rootstock Software has hired Geoff Brannon as CFO. Besides having responsibility for finance and accounting, he will oversee IT and HR  operations, the San Ramon, Calif., ERP vendor said this week.

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DYNAMICS VAR ALITHYA PICKS COO

 Canadian reseller Alithya has named Bernard Dockrill as its new COO effective 30.

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QLIK BUYING TALEND

Analytical software company Qlik plans to purchase Talend. Both companies are owned by private equity firm Thoma Bravo. Terms were not disclosed for the deal, which is expected to close in the first half of this year.

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VISMA ENTERS GERMANY

Visma, a Norway-based ERP software vendor, has entered Germany through the purchase of Visma enters Germany through the acquisitions of H&H and BuchhaltungsButler.

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NUVEI BUYING PAYA

 Nuvei, a Montreal, Que.-based payments company is buying Paya Holdings via a tender offer of $9.75 per share that is valued at $1.3 billion.

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VISMA HIRES CTO

Acquisitive Visma has named T. Alexander Lystad as its new chief technology officer. Lystad joined the Oslo, Norway-based ERP vendor in 2012.

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AVALARA PICKS SALES CHIEF

 Avalara has named Kimberly Deobald as its new chief revenue officer this week. It is the first executive move announced since the company was purchased by Vista Equity Partners in October.

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SCHUETTLER HEADS LBMC TECH

Stacy Schuettler has become CEO of LBMC Technology Solutions this month. She takes over from Jeff McCorpin who is retiring after 26 years working at the Brentwood, Tenn., firm.

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BLACKBAUD PICKS ACCOUNTING EXEC

 

Blackbaud has named Chad Anderson as chief accounting officer this month.

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