News and Analysis

News and Analysis (10364)

BILL.COM HIRES COMMERCIAL EXEC

Payments company Bill.com has hired Loren Padelford as chief commercial officer.

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INNOVIA BUYS DYNAMICS BC/NAV BIZ

Innovia Consulting of Onalaska, Wis., has acquired the Dynamics 364 Business Central/NAV Business of Dynamic Manufacturing Solutions. Terms were not disclosed.

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ACUMEN PURCHASES SAGE VAR ORBUS

Acumen Information Systems has acquired Sage reseller Orbus Technologies. Terms were not disclosed for the acquisition of the Kingston, Jamaica-based reseller.

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SECOND GROUP OPPOSES AVALARA SALE

 A second investor group is opposing the sale of Avalara to Vista Equity Partners. Merrion Investment Management Co., a long-term owner of Avalara shares, will vote against the $8.4-billion cash deal, the firm said recently.

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CUMLEY RETIRES FROM INTACCT

Kevin Cumley, who has led the accounting program at Sage Intacct for several years, has retired from the profession.

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ALITHYA RELEASES ESG REPORT

Reseller Alithya has released its first environmental, social and governance report. The report outlines current best practices and identifies measures to be taken in the future.

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ROOTSTOCK NAMES NEW EXEC

 Rootstock Software has named Raj Badarinath to the newly created position of chief marketing and product officer. The ERP software company pointed to his hiring as one of the steps taken because of the infusion of capital from its purchase in August by private equity company Gryphon.

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NETSUITE REVS RISE 27 PERCENT

The series of 20-percent-plus growth quarters for Oracle NetSuite revenue continued in the first quarter ended June 30. Oracle this week reported that NetSuite revenue was up 27 percent, representing a 30-percent gain in constant currency.

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 VISMA MOVING INTO FRANCE

 Acquisitive ERP company Visma is entering into France with the plan to Paris-based Inqom. Visma operates IN  the Nordic companies, Benelux, Spain and Latin America, a total of 29 countries.

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NETSUITE'S MAYNARD MOVED TO ORACLE

Jason Maynard, OracleNetSuite executive Jason Maynard moved to the parent Oracle this summer. Maynard had been SVP of global field operations for Oracle NetSuite since July 2015.

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