News and Analysis

News and Analysis (9970)

TECH GROUP WORKS ON VACCINE “PASSPORT”

A collation of health and technology companies are working to develop a digital passport for COVID-19 vaccines. The group which includes Microsoft, Salesforce.com and Oracle, are part of the Vaccine Credential Initiative that also includes MITRE, Mayo Clinic, Evernorth, The Commons Project Foundation and CARIN Alliance.

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XENTRAL RAISES $20 MILLION

Xentral, which makes ERP systems for SMBs, has raised $20 million in Series A funding. Based in Augsburg, Germany, the company will use the funding to expand in Europe initially and later in the United States and the United Kingdom.

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HSO BUYS SAGLOBAL

HSO, which acquired AKA Consulting in August, has boosted its operations with the acquisition of SAGlobal and its 360 Solutions Group. The operations will do business as HSO ProServ, a unit of HSO US, with more an 300 employees here.

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UNIT4 PICKS NORTH AMERICAN PREZ

Unit4 has hired John Gregitis as its president of North America. He is replacing Andy Brockhoff, who had held the job from July 2019.

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PRODWARE SUMS UP FOURTH QUARTER

The Prodware Group, the France-based company which sells Dynamics and Sage financial software, has issued a rather opaque statement about the fourth quarter. The company said it “sees a significant surge in technological investments in the 4th quarter of 2020 on behalf of many customers, both mid-market companies and subsidiaries of large groups.”

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ROOTSTOCK PICKS TWO VPS

Rootstock Software has hired one VP and promoted another. The ERP software company this week said it had hired Zach Feige as VP of professional services.

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GOODBYE TO 2021 SPRING EVENTS?

There was optimism last year when companies scheduled conferences for Spring 2021. Given the state of the COVID-19 pandemic, it seems more likely anything scheduled for the first half of the year will not be held on[ premise.

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INSIGHTSOFTWARE BUYS CERTENT

Insightsoftware has acquired Certent, which makes SaaS products for financial disclosure management and equity management. Terms were not disclosed.

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REPAY RAISING $402.5 MILLION

Repay Holdings, which has been acquiring payments companies, is raising $402.5 million in a combination of shares and debt under a shelf offering. The company has made an offering of $130 million in shares of its Class A stock and $350 million in convertible senior notes due 2026.

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SILVERSUN PICKS NEW CFO

SilverSun Technologies, parent of reseller SWK Technologies, has named Joseph Macaluso, a member of its board of directors, as its new CFO. Macauluso simultaneously resigned the position he had held on the board since January 2015.

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