News and Analysis

News and Analysis (15671)

SALESFORCE RIVAL RAISES $752.8M

 C3.ai, supported by Microsoft and Adobe Systems, has raised about $752.8 million. About $610.3 million was raised in proceeds from the sale of 15.5 million shares at $42 per share.

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INDUSTRY VET EMMERLING JOINS SERVICENOW

Susie Emmerling, a veteran of Epicor and Microsoft has become VP of marketing operations and analytics for ServiceNow. ServiceNow markets workflow products for IT, employee and customers operations.

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CREDIT KARMA TO BOOST INTUIT SALES

Intuit expects income for the year ending July 30 to grow by 15 percent to 17 percent over fiscal 2020, the software company said this week. It announced revenues are expected to range from $8.81 billion to $8.995 billion for the current year.

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EPICOR REPORTS CYBERATTACK

 Epicor Software has reported a cyberattack on its network. The company says operations were not impacted and there was no impact on its cloud applications of customer data.

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SAGE SIGNS DEAL FOR POLISH OPS

Sage has reached an agreement to sell its operations in Poland to Mid Europa Partners. The move is part of a previously announced decision to exit several smaller markets.

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FOURLANE OWNER TOP QB CHANNEL

Marjorie Adams, owner Fourlane, based in Austin, Texas, has been named Intuit’s Partner of the Year. The award was one of a number made as Intuit announced recently for its QuickBooks Solutions Providers.

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SOVOS ACQUIRES LTAX

Sovos, which market indirect tax software applications, has acquired LTtax. Terms were not disclosed.

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WEIGHING FUTURE OF BUSINESS TRAVEL

Businesses have saved a lot of money with the near shutdown of business travel. But once the pandemic ends, how close will levels of travel come to pre-COVID-19 pracitces?

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PHOCAS SOFTWARE SEEKS RESELLERS

Phocas Software, based in Australia, is seeking to significantly grow its reseller channel. The company, which makes business intelligence and planning software, has about 25 resellers, according to president Jay Deubler.

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AVALARA BUYS INSURANCE APP BIZ

Avalara has acquired Impendulo Ltd., a London, England-based company that provides application for insurance tax compliance. Terms were not disclosed.

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