• The ‘last mile’ in education and training Crunch Network

    The ‘last mile’ in education and training

    The concept of the last mile (the final leg of the connection to each home) originated in telecom, but is now a focus for supply chain management and e-commerce. In telecom and other utilities, the cost of building the last mile is what results in natural monopolies, thereby requiring regulation. We are now seeing the emergence of the last-mile phenomenon in an unlikely setting: education. Read More

  • The 11 biggest tech acquisitions of 2016

    Unlike IPOs, 2016 was pretty active for tech M&A. The year resulted in $612.9 billion in global tech deals, according to Dealogic, which made it the second best year for acquisitions. It nearly kept up the pace of record-setting 2015, where we saw $691.4 billion in tech transactions across the world. A confluence of factors led to consolidation amongst semiconductors and enterprise tech. Read More

  • Oracle takes the cloud revenue fast track with $9.3 billion Netsuite deal

    Oracle takes the cloud revenue fast track with $9.3 billion Netsuite deal

    When Oracle bought NetSuite yesterday for a cool $9.3 billion in cash, it let the world know it was now totally serious about growing cloud computing revenue. That wasn’t always the case. In the early days of the cloud, Oracle was content to sit on the sidelines and make fun, while it raked in traditional license and maintenance revenue. In fact, CEO Larry Ellison famously ridiculed… Read More

  • Oracle buys enterprise cloud services company NetSuite for $9.3B

    Oracle buys enterprise cloud services company NetSuite for $9.3B

    Oracle will acquire NetSuite for about $9.3 billion, or $109 per share in an all-cash deal, the companies announced Thursday. Both Oracle and NetSuite’s cloud service offerings aimed at enterprise customers will continue to operate and “coexist in the marketplace forever,” according to a statement by Oracle CEO Mark Hurd. Hurd called NetSuite and Oracle’s offerings… Read More

  • On-The-Go Freelancers Get A Business Management Tool With PocketSuite

    On-The-Go Freelancers Get A Business Management Tool With PocketSuite

    Calling all photographers; dog trainers and dog walkers; handymen; hair stylists and makeup artists, plumbers and pool boys. Your on-the-go businesses now have access to the same type of management software tools that other, more sedentary, small business owners have been working with for years — thanks to the efforts of PocketSuite founders Yang Fordjindam and and Sam Madden. Read More

  • Hey, Big Enterprise Giants – Keep Looking Over Your Shoulder – A New Reality Fast Approaches

    Hey, Big Enterprise Giants – Keep Looking Over Your Shoulder – A New Reality Fast Approaches

    I had a briefing yesterday with BizSlate, a SaaS player that is launching its beta today to help all those small businesses growing so fast that Quicken just doesn’t do the job. I like this company’s spunk. It’s founder, Marc Kalman, is super fired up. You cam see it in the app his team built. It reminds me of what SocialPandas Founder Mark Trang said to me last night in… Read More

  • NetSuite Is Pushing into Enterprise Software, Lands Groupon as Marquee Customer

    NetSuite, one of the handful of companies to build a big company out of the early 2000s software-as-a-service funding frenzy, is now making a push into cloud based enterprise software, according to several announcements being made this morning by CEO Zach Nelson at SuiteWorld, the company’s user conference being held in San Francisco. As with most of these user conference… Read More

  • NetSuite Launches iPhone App To Access Business Software On The Go

    NetSuite, a company that provides cloud-based business management software suites, is furthering its mobile strategy by launching a free iPhone app to compliment its web-based products. The iPhone app gives NetSuite users on-the-go access to the company’s on-demand SaaS offerings, which include real-time dashboards with financial and customer data from CRMs and other applications. A… Read More

  • NetSuite Announces Chrome Compatibility

    NetSuite, a company that touts itself as a provider of solutions that can help companies run almost every aspect of their business, announced Friday that it will be the first business application provider to provide native support for Google Chrome. According to the company, Chrome’s browser is an ideal candidate for NetSuite products. Because the browser is optimized for Web 2.0… Read More

  • NetSuite Buys OpenAir For $26 million

    NetSuite added to its online CRM and accounting applications today by acquiring OpenAir for $26 million, including the assumption of $5 million of restricted stock that will continue to vest through 2010. Boston-based OpenAir sells Web-based software aimed at professional services firms, including timesheets, expense reports and project management. The acquisition isn’t a huge win… Read More

  • NetSuite – All Grown Up, Worth Over $1 Billion

    So NetSuite’s IPO process is basically complete. They priced the stock today at $26, and barring any major market disruptions the company will begin trading Thursday morning under the symbol “N” on the New York Stock Exchange. A total of 6.2 – 7.1 million shares will be sold, raising the company around $165 million. And if the stock price holds, they’ll be worth… Read More

  • NetSuite Just Filed To Go Public

    Here’s a story that we’ve been tracking since last year – Salesforce and SAP competitor NetSuite just filed its S1 registration statement with the SEC, the first formal step in the IPO process. We previously reported that NetSuite had selected Credit Suisse as their sole banker on the IPO. It turns out they’ve added WR Hambrecht to the deal as well. We had an… Read More

  • NetSuite's Going Public, Looking for $1 Billion Valuation

    NetSuite, the fraternal twin of SalesForce (both companies CEOs came out of Oracle and have similar business models), is preparing to go public next year based on 2006 revenues of about $70 million. The good news is that this could crack open the IPO window for startups again, which was firmly shut in the wake of GoDaddy’s abrupt withdrawl of its registration statement in… Read More