News and Analysis

News and Analysis (15671)

FFORCE SALES HEAD LEAVES

Michael Jerich, chief revenue officer at FinancialForce, has taken a job with the same title at ServiceMax. It seems like we just announced his arrival.

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CEGID ENTERS IBERIA, LATAM

Cegid, a Paris, France-based software vendor, has acquired Spanish payroll and HR software company Meta4. The deal moves Cegid into Latin America, Spain and Portugal.

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ROOTSTOCK PARTNERS IN DACH

Rootstock Software has signed on Eigenherd to provide services for its software in the DACH region. The region is comprised by German-speaking countries—Austria, Germany and Switzerland.

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COLUMBUS’ U.S. WOES CONTINUE

A 13.7-percent drop in North American revenue (largely in the United States) pulled down results for Columbus for the first half ended June 30. In this week’s earnings webcast, executives of the Denmark-based reseller and developer said the total was off 20 percent in local currency.

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CLOUD SWITCH CUTS QAD REVS

The switch to the cloud cut into results for manufacturing software vendor QAD for the second quarter ended July 31. Revenue dropped in three categories while subscription revenue rose.

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XERO NAMES NEW NA HEADS

Xero has selected country managers for the United States and Canada, the New  Zealand-based cloud software company said this week. The new country leaders are Ben Richmond for the U.S. and Will Buckley for Canada.

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INFOR CHANGES CEOS

Phillips Charles inforumInfor has made its CFO, Kevin Samuelson, its new CEO. The software company said this week that his replacing Charles Phillips, who has become chairman of the board of directors, is part of a planned leadership transition.

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ALITHYA: U.S. BIZ GOING WELL

Alithya, which acquired Edgewater Technology last year, said the integration of the purchased company is ahead of schedule.  Paul Raymond, CEO of the Montreal, Que.-based company, made the comments in this week’s earnings webcast for the first quarter ended June 30.

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SALESFORCE: $1.35B FOR CLICK

Salesforce plans to buy ClickSoftware, which makes field service management applications. Valued at about $1.35 billion, the deal will be accomplished through cash and Salesforce stock, along with assuming equity awards held by the target’s employees.

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INSIGHT RECEIVES INVESTMENT

Insightsoftware has received an investment of an undisclosed amount from private equity firm Genstar. The companies said this week the capital will be used for growth, including global expansion.

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