News and Analysis

News and Analysis (15701)

GERMAN GROUP BUYS HIGHJUMP

Chad Collins, HighJump HighJump Software has been acquired by Körber AG, based in Hamburg, Germany. That means HighJump, heavily involved in EDI products, has been absorbed by a company that had $2.65 billion in revenue, so safe to say, terms were not disclosed. Doesn't anyone go public anymore?

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AVALARA NAMES STIVERS SALES SVP

Greg Stivers, AvalaraAvalara has hired Greg Stivers as SVP of sales. Stivers joins the sales tax software from Concur, where he was SVP of client development starting in July 2014 until taking the Avalara job this month. The position is a new one for the software company.

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XERO'S AMERICA CMO DEPARTS

Paul Miller, Upland SoftwarePaul Miller, chief marketing officer for Xero's American operations, has last the company. Miller, who joined the New Zealand-based cloud software company, has taken the position of CMO and SVP of operations for Austin, Texas-based Upland Software.

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NO NEWSLETTER SEPTEMBER 1

There will be no Bob Scott's Insights newsletter on September 1. Regularly scheduled deliveries begin on September 8, unless those North Korean missiles miss Guam by thousands of miles and then all bets are off.

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INTUIT PICKS INCOMING CFO

Michelle Clatterbuck, IntuitIntuit has named Michelle Clatterbuck to take over the role of CFO on February 1. She will take over with the retirement of Neil Williams, who has held the job since joining Intuit in January 2008.

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MID-MARKET SALES BOOST MYOB

Tim Reed, MYOBMYOB reported a 13-percent increase in net profit on a 14-percent rise in revenue for the half ended June 30. The Australia-based software company reported the numbers this week in an earnings webcast.

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COLUMBUS ADJUSTING U.S. OPS

Thomas Honoré, ColumbusDenmark-based Columbus said it is integrating SMB and enterprise operations in the United States ahead of schedule because of results for the half ended June 30. The reselling and software development company did not spell out what that meant during this week's webcast.

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INTUIT TO ADD 1M QBO SUBS

Brad Smith, IntuitIntuit says it will add at least 1 million QuickBooks Online users by the time the fiscal year ends on July 31. That means an increase of more subscribers than rival Xero has accumulated over its lifetime. Intuit expects to reach hit 3,275,000 to 3,375,000 subscribers in the current fiscal year.

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FINANCIALFORCE SELECTS CFO

Gordy Books, FinancialForceFinancialForce has named Gordy Brooks as CFO. The San Francisco, Calif.-based cloud software company says Brooks replaces John Bonney, who joined the company in September 2014. Brooks was CFO designate at Citrix GetGo from May 2016 through January 2017, and CFO at Aerohive Networks from January 2013 through September 2015.

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SAGE STRATEGY TALK ON TAP

Nancy Harris, SageSage North America is holding a call with the media on Monday. Called a quarterly press call, the talk is designed to cover "Sage North America strategy, areas of focus and what to look forward to in the new year." That is a step in the right direction.

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