News and Analysis (15710)
COLUMBUS’ U.S. WOES CONTINUE
- Thursday, 22 August 2019
- News and Analysis
- Written by PMG Admin
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.
CLOUD SWITCH CUTS QAD REVS
- Thursday, 22 August 2019
- News and Analysis
- Written by PMG Admin
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.
XERO NAMES NEW NA HEADS
- Thursday, 22 August 2019
- News and Analysis
- Written by PMG Admin
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.
INFOR CHANGES CEOS
- Wednesday, 21 August 2019
- News and Analysis
- Written by PMG Admin
Infor 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.
ALITHYA: U.S. BIZ GOING WELL
- Friday, 16 August 2019
- News and Analysis
- Written by PMG Admin
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.
SALESFORCE: $1.35B FOR CLICK
- Friday, 16 August 2019
- News and Analysis
- Written by PMG Admin
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.
INSIGHT RECEIVES INVESTMENT
- Friday, 16 August 2019
- News and Analysis
- Written by PMG Admin
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.
SUGARCRM NAMES CFO
- Thursday, 15 August 2019
- News and Analysis
- Written by PMG Admin
SugarCRM has named John Donaldson as CFO, the latest in a number of executive changes this year. Donaldson replaces Karan Willem who held the post who held the job from January 2017 through this month.
DELTEK TO ACQUIRE COMPUTEREASE
- Wednesday, 14 August 2019
- News and Analysis
- Written by PMG Admin
Deltek has signed an agreement to buy ComputerEase, which make construction accounting, project management, and field management software for contractors. Deltek will acquire the company’s assets with the deal expected to close during this quarter.
QUICKBASE BUYS CLOUD PIPES
- Wednesday, 14 August 2019
- News and Analysis
- Written by PMG Admin
Quick Base will be able to directly integrate with financial and CRM applications as a result of its acquisition of Cloudpipes, the company said this week. Quick Base will begin releasing a combined low-code development platform this year as a result.
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