Intacct CEO Robert Reid has pushed the possibility of an initial public offering farther into the future than seemed likely a year ago. With capital so readily available from banks, the cost of such lending is less than the cost of raising capital via an IPO, he said. Reid made the comments at this week’s Advantage user and reseller conference. He gave no timeframe but agreed the state of the market makes an offering less necessary.

There are reports that Fred Studer, who joined NetSuite as chief marketing officer almost a year ago, is no longer with the company. The same reports also state that two other marketing people are gone. Studer came to NetSuite from Microsoft in December. He joined that company in September 2007 and became general manager of the Dynamics operation in May 2011.

This year there are new twists on M&A as globalization makes a big impact, at least in the Dynamics AX market. That was recently shown by Sonata Software's purchase of Peachtree Corners, Ga.-based I.B.I.S., led by Andy Vabulas. Sonata is based in India. More recently, Ameri Holdings launched a hostile bid for Edgewater Technology and while its operating business, Ameri100, is headquartered in Princeton, N.J., most company executives are of Indian origin.