News and Analysis (15704)
EXACT RESULTS FALL ON COUNTRY EXITS
- Friday, 17 February 2012
- News and Analysis
- Written by mark
Exact ended 2011 with a 5.5-percent drop in revenue because of the company’s closure of operations in several countries last year and divestment of its Sligo subsidiary in 2010. Net profit dropped to about $19.3 million, off by 55.7 percent from 2010. The bottom line was impacted by an impairment charge of about $24 million for its Longview operations.
FISHBOWL OFFERS CLOUD CONTACT MANAGER
- Thursday, 16 February 2012
- News and Analysis
- Written by PMG Admin
Fishbowl Inventory has debuted a web-based CRM product, the Pipeline Contact Manager. The Salt Lake City, Utah-based software publisher says the product is available at pre-release pricing for a limited time. Pipeline is integrated with Fishbowl Inventory 2012. Pipeline features include lead tracking, task and opportunity tracking and custom fields.
Read more...FINANCIALFORCE HIRES NETSUITE SALES PRO
- Thursday, 16 February 2012
- News and Analysis
- Written by mark
FinancialForce.com, the company owned by Salesforce and Unit4, has appointed Neil Harvey, former NetSuite OpenAir sales director for the EMEA and APAC regions. Harvey has more than 20 years of sales experience, including his stint with NetSuite's OpenAir operations where he was managing director of the same region from August 2009 through August 2011. He has also held sales leadership positions at PortWise, Magic Solutions and Veritas. While the company announced the hiring this month, Harvey's Linkedin page shows he started with Financialforce in November.
Read more...CDC SOFTWARE APPEALS INJUNCTION
- Thursday, 16 February 2012
- News and Analysis
- Written by mark
The complicated litigation involving CDC Software and CDC Corp, which is its indirect majority shareholder, continued in bankruptcy court this week. CDC is appealing two court decisions. In one, a bankruptcy court granted a preliminary injunction in which CDC Corp. sought to block CDC Software’s sale of its Tradebeam and Ross Systems subsidiaries.
OPEN SYSTEMS BUYS VAR
- Thursday, 16 February 2012
- News and Analysis
- Written by mark
Open Systems has acquired reseller InterMicro and is using the former VAR's operations to move into offices in Greenville, S.C., and Edmond, Okla. Founded in 1993, InterMicro was headed by president Jim Robinson, who joins Open Systems as an executive sales consultant.
SAGE BUYS IRISH PAYMENT PROCESSOR
- Wednesday, 15 February 2012
- News and Analysis
- Written by mark
The Sage Group, which has been getting back into the M&A game, picked up its first target of 2012. The company, based in the United Kingdom, has acquired Integral Computers Ltd., a Dublin, Ireland-based payment processing provider for about $26.1 million in cash. Integral was founded in 1989 and provides services to small retailers that have standalone or electronic point-of-sale payment needs.
WOODARD BECOMES SAGE RESELLER
- Wednesday, 15 February 2012
- News and Analysis
- Written by mark
The Woodard Consulting Group has become a Sage reseller. And that is an interesting move since Joe Woodard, the owner of the Canton, Ga.-based firm, is a prominent QuickBooks ProAdvisor and holds the Scaling New Heights Conference for ProAdvisors and Intuit Solution Providers.
Read more...AVALARA TARGETS $40M SALES
- Wednesday, 15 February 2012
- News and Analysis
- Written by mark
Avalara intends to increase its revenue to about $40 million for 2012, a roughly 50-percent increase from 2011 as it seeks to ramp up its business. The Bainbridge Island, Wash.-based company also plans to add 100 staffers this year to bring employment to 370, according to President Kevin Riegelsberger.
Read more...
EXACT NAMES CEO; FINALLY
- Wednesday, 15 February 2012
- News and Analysis
- Written by mark
Exact, which has been looking for a permanent leader for 18 months, has named Erik van der Meijden as its chief executive officer. Van der Meijden, who held several executive positions with HP, was CEO of Getronics until May 2011. He replaces Max Timmer who had been interim CEO since July 2011.
Read more...
SAGE’S WAYWARD VARS
- Friday, 10 February 2012
- News and Analysis
- Written by mark
Maybe the word wayward isn’t right, but I thought VARs with straying eyes did not fit the headline space. However, the fact that since January two major Sage resellers have taken on non-Sage products is a sign of the company’s continuing slowness to reach the cloud. (As opposed to Microsoft, which says it’s in the cloud, but really is not on the Dynamics line, except for CRM).
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