News and Analysis

News and Analysis (15378)

KKR MAKING MYOB BID

MYOBAustralian software company MYOB just went public again for the first half of June 2015. But it now faces a possible buyout by venture capital firm KKR. Venture firm Bain, which owns 19.9-percent of MYOB, purchased it for $1.3 billion in August 2011.

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RANDOM THOUGHTS: GREY'S ANATOMY

Ellen Pompeo of Grey's AnatomyOne door closes and somebody slams the next one on your finger. …  With all the obituary descriptions of people’s favorite activities, I’m waiting for one that says “He enjoyed smoking, drinking, gambling and playing around loose women.”

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DYNAMICS COM HOSTING CANADA EVENTS

Canada Maple Leaf MapDynamics Communities, which hosts the Summit user group conferences, will hold Collaborate Canada in five cities next month. Each will be a one-day event designed to provide attendees with a variety of Dynamics product knowledge.

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ORACLE NAMES STARTUPS IN HUB

 Reggie Bradford, OracleA group of six startups have been named as the first class join the Oracle Global Startup Ecosystem hub in Austin, Texas. The site is the first hub in the United States and is part of a global program for driving developing of cloud-based technology.

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ALITHYA, EDGEWATER REVS ESTIMATED

Paul Raymond, AlithyaThe 2018 revenue for the pending combination of Edgewater Technology, a Dynamics and Oracle partner, and Alithya has been estimated at $279.5 million. Since June, the companies have raised the target 2019 revenues from a range of $262 million to $277 million to a revised $295.9 million.

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EXACT INTROS MFG PREMIUM

Auke Hylarides, ExactExact has introduced Exact Online Manufacturing Premium Cloud. The debut came this week at a conference in the Netherlands. The application includes functions for calculating material requirements, variable storage locations, sales forecasts and drawing up production plans.

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JOBBOSS CHANNEL TO EXPAND

 Jeff Ralyea, ECI Software SolutionsAs the parent company is trimming the Macola channel, it also is readying expansion of the JobBoss channel. Jeff Ralyea, VP of manufacturing for ECI Software Solutions, noted the manufacturing said the company will expand the reseller base for the job shop package.

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NET@WORK BUYS ANOTHER PARTNER

Net@WorkNet@Work has acquired another member of the Net@Work Partner Alliance Program, Management Advisory Services. MAS is a long-time Sage 100 and BusinessWorks reseller. That follows last month’s purchase of Inventory Management Solutions, which was also a member of the program.

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VIEWPOINT 1Q REVS UP 21.4 PERCENT

Construction craneConstruction software company Viewpoint had revenue of $43.4 million for the first quarter ended March 31, an increase of 21.4 percent from $35.7 million a year earlier. The numbers were filed last month with the SEC by Trimble, which acquired Viewpoint in April.

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ACCOUNTMATE RESUMES VAR SEARCH

David Dierke, AccountMate AccountMate has started actively looking for new VARs again. The Petaluma, Calif.-based software company had largely put recruiting on hold while it came to market with its new Enterprise application recently, according to CEO David Dierke.

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