Australia-based MYOB has acquired Greentree, which makes financial software for companies with roughly 100 to 1,000 employees. MYOB is buying Auckland, N.Z.-based Greentree for $20.5 million. The move will give MYOB a broader geographical reach and a larger potential base of clients. MYOB operates in Australia and New Zealand and serves companies with about 20 to 500 employees.

Sage has debuted the Sage Cloud to integrate applications to connect its software products. While the product announcement called the platform the Sage Cloud, CFO Stephen Hare consistently called it the Sage Integration Cloud in the week's webcast for its third-quarter trading update. Even if that's not the official name, it seems to provide a good description of the platform's purpose.

The results for NetSuite's second quarter ended June 30 would normally be something to crow about. But given the day's announcement that the mother ship is calling NetSuite home—Oracle is buying NetSuite—it seems the rooster has left the building. And the cloud-based software company cancelled this week's second-quarter earnings call. But there was progress on all fronts.

Sage proclaimed that it had 15,000 people registered to physically attend its Summit conference this week in Chicago and another 15,000 signed up remotely. The question yet to be answered is how happy are exhibitors and right now, there's not enough input to reach any conclusion.