News and Analysis (15373)
ORACLE DENIES FED JOB BIAS ALLEGATIONS
- Wednesday, 23 January 2019
- News and Analysis
- Written by mark
Oracle pays women, Asians and black less than white workers and overwhelmingly hires Asian college graduates with student visas who must stay on good terms with Oracle to remain in this country, the Department of Labor alleged this week. Oracle rejected the claims of a lawsuit filed this week in a prepared statement.
AVALARA MOVES INTO BEVERAGE COMPLIANCE
- Wednesday, 23 January 2019
- News and Analysis
- Written by mark
Avalara has entered the arena of alcoholic beverage compliance with the purchase of Compli. Based in Paso Robles, Calif, Compli, markets compliance services, technology, and software to producers, distributors, and importers of alcoholic beverages in the United States.
INFOR GROWS EUROPEAN CHANNEL
- Tuesday, 22 January 2019
- News and Analysis
- Written by mark
Infor says it is accelerating growth of the Infor Partner Network in the United Kingdom, Ireland and the Benelux countries. That includes recruiting resellers for Infor M3, LN, Enterprise Asset Management, and Human Capital Management.
SAGE FINDS PAYROLL BUYER
- Friday, 18 January 2019
- News and Analysis
- Written by mark
Sage has reached an agreement to sell its payroll outsourcing business based in the United States. Sage Payroll Solutions will be sold to iSolved HCM, which is owned by investment firm Accel-KKR, for approximately $100 million.
LOTS OF DEALS GREAT AND SMALL—2019
- Thursday, 17 January 2019
- News and Analysis
- Written by mark
The year has kicked off with what seems like a flood of investments. In the last week, business has been booming for software companies raising funds.
QUICKBASE TO GET NEW OWNER
- Thursday, 17 January 2019
- News and Analysis
- Written by mark
QuickBase has signed an agreement to receive a majority investment by Vista Equity Partners. Current investor Welsh, Carson, Anderson & Stowe will retain what was called “a significant investment in the company.”
SAGE NA REVS UP 10.4 PERCENT
- Thursday, 17 January 2019
- News and Analysis
- Written by mark
Sage says revenue for North American rose 10.4 percent to about $199 million for the third quarter ended December 31. The statistics were presented this week as part of the company’s trading update.
VENA SOLUTIONS RAISES $75 MILLION
- Wednesday, 16 January 2019
- News and Analysis
- Written by mark
Vena Solutions, which makes cloud-based financial planning and analysis software, has raised about $75 million ($115 million Canadian) in equity funding. That follows approximately $22.5 million ($30 million Canadian) in funds raised in 2016.
TAXJAR PICKS UP $60 MILLION
- Thursday, 17 January 2019
- News and Analysis
- Written by mark
Sales tax software company TaxJar, which serves eCommerce businesses and developers, has raised $60 million in equity funding. It will invest in hiring and also in TaxJar Plus, which is designed for high-growth and high-volume eCommerce businesses.
INFOR GETS $1.2B; TALKS IPO
- Wednesday, 16 January 2019
- News and Analysis
- Written by mark
Software company Infor has finally begun talking about a possible initial public offering. The company initiated the discussion as it announced a $1.5-billion investment from its shareholders Koch Equity Development, LLC (KED) and Golden Gate Capital.
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