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News and Analysis

News and Analysis (15665)

NETSUITE SIGNS ORACLE PARTNERS

Craig West, NetSuiteNetSuite is taking advantage of its Oracle parentage in recruiting new channel members. The company recently said it had added three Oracle partners as resellers or as members of its newer alliance program.

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XERO U.S. IPO NOT IN SIGHT?

Keri Gorman, XeroXero expected to have an initial public offering in the United States more than two years ago. That did not happen and now there appears to be no definite date for the company, which is already publicly traded in Australia.

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HEDGING BETS ON DYNAMICS

The most notable fact about Columbus' pending acquisition of iStone is not the size of the deal. It's not the potential for the possibility of the Denmark-based resell expanding more services globally.

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TRIBRIDGE EXPECTS $180M REVS

Tony DiBenedetto, TribridgeTribridge ceased life as an independent company this year. It was uncertain what information would be available under the new owner DXC. However in a recent interview with the Florida publication the Business Observer, Tribridge CEO Tony DiBenedetto disclosed revenue.

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INTUIT TO ACQUIRE TSHEETS

Matt Rissell, TSheetsIntuit will pay $340 million to buy TSheets, which markets Time Capture time tracking software. The deal is expected to close by January 31. Time Capture will become part of the product line of Intuit's Small Business and Self-Employed Group.

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NEW PRESIDENT NAMED AT ACCUFUND

Gordon Holfelder, AccuFundGordon Holfelder, who has been vice president since his company's founding, has become president of AccuFund. Holfelder replaced owner, Peter Stam, who is retiring in January. The nonprofit software company was founded in 2001.

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ARXIS MERGING INTO RKL

David Cieslak, Arxis Technology,A long-time reseller, Arxis Technology, is merging into RKL eSolutions on January 1. The parties said the merger will produce a VAR with more than 100 employees.

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EPICOR CMO FLEISCHAKER LEAVES

Celia Fleischaker, Epicor SoftwareCelia Fleischaker has ended a 20-year career with Epicor. This month, Fleischaker moved to PROS in the Houston, Texas, area as chief marketing officer after serving at Epicor with the same title since December 2015.

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RANDOM THOUGHTS: MATT LAUER

Matt Lauer, TV journalistNote to Tom Bodett: I stayed at Motel 6 over the Thanksgiving Holiday. You did not leave the light on. ... Too many panhandlers watch TV Ads these days. One approached in Manhattan last month with "I hope you are JG Wentworth".

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CLOUD PUSHES QAD 3Q REVENUE

Karl Lopker, QADManufacturing software Vendor QAD reported a loss of $161,000 for the third quarter ended October 31, compared to earnings of $1.5 million a year earlier.  Revenue increased to $76.9 million in the most recently ended period, a gain of 10.9 percent from $69.5 million a year earlier.

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