News and Analysis

News and Analysis (15671)

ACUMATICA MFG GOES FOR BREADTH

Acumatica will continue to expand the breadth of its Manufacturing Edition, according to John Schlemmer, senior product manager for the line. Schlemmer, who was COO for Jaas Systems before its purchase by Acumatica, early this year, said that approach will continue to difference his company from competitors like NetSuite and Epicor.

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AVALARA GOES UP-MARKET WTH $377M BUY

Avalara has acquired Transaction Tax Resources for about. $377 million in cash, providing what CEO Scott McFarlane this week termed an “enterprise beachhead”.  TTR provides information primary to enterprise businesses and their internal tax teams.

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SWK PARENT TO RAISE $50 MILLION

SilverSun Technologies, parents to reseller SWK Technologies, has filed a shelf registration with the SEC for a $50-million public offering. The offering is for a basket of securities: common stock, preferred stock, debt securities, warrants and units.

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ACUMATICA PUSHES HARD IN U.K.

Acumatica has significantly expanded its presence in the United Kingdom with a data center operating in that country and plans to hire a country manager. In addition, the cloud ERP software company signed Pinnacle as a VAR in the U.K.

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WAITING FOR PROCORE’S IPO

Procore Technologies' filing for an initial public offering has been one of the non-events of the year. It could be simply because the company filed its S-1 form with the SEC on February 28, when it looked like it would be a better year.

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SALESFORCE ADDS INDUSTRY CLOUDS

Salesforce has added clouds for three new industries: communications, media, energy and utilities. This week, the CRM company also introduced new applications for the public sector, including  license and permit management, inspection management and emergency program management. 

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ENAVATE BUYS BC/NAV DEVELOPER

Enavate has acquired SWP Group, which provides upgrades, development and outsourced services for Microsoft Dynamics NAV and Business Central. Terms were not disclosed.

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TECH SPENDING SURGES DURING PANDEMIC

World-wide spending on technology soared to roughly $15 billion extra a week during the COVID-19 crisis. The 2020 Harvey Nash/KPMG CIO Survey, which said spending was done to safe and secure working at home, said this month IT leaders spent more than their annual budget rise in three months. 

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COLUMBUS HIRES M3 LEADER

Columbus has hired Tina Algkvist to head its global M3 Business Unit. She will assume her job in November running the business for Columbus’ Infor product (the former Lawson Software).

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RIMINI, ORACLE: WE  BOTH WON

An ongoing court case in which Rimini Street sued Oracle has ended in? Well, it depends on whose press release you believe.

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