Tags: Acquisition

Infor continues to perform in cloud

Infor announced its Q2 2018 results this week. It is successfully continuing its transition from a legacy on-premises software provider to a cloud based model. It now receives more that 64% of its license revenues from cloud bases subscriptions. Overall its total revenues grew 7.3% year on year. While traditional perpetual license revenue fell by…

Has Sage really completed its transformation?

Sage issued its full year 2017 results in with Stephen Kelly, CEO and Steve Hare, CFO looking back at a job well done. Kelly commented “I am pleased to confirm that the transformation we outlined in and out in FY15 is now complete.” (Source: Seekingalpha.com) The results are good. Organic revenue hit £1,696 million, up…

Upland spends $50 million on Qvidian

Upland Software has announced the acquisition of Qvidian Corporation for $50 million. This is the largest acquisition in Uplands history and will add $19.5 million annualized revenues to the company. Qvidian provide cloud based RFP and Sales proposal automation software to more than 1,000 companies worldwide. Jack McDonald, chairman and CEO of Upland Software commented:…

Bullhorn changes hands

Bullhorn has announced that it will soon have new investors. Insight Venture Partners will acquire the shares owned by Vista Equity Partners. The announcement does not come as a total surprise. It was known last month that Vista Equity Partners were looking to sell the cloud computing company after five years of ownership. It may seem…

Selling your business; Top 5 considerations

Often the biggest decision that a business owner has to make is deciding on whether to sell their business. There are many factors an entrepreneur will consider when deciding whether to sell their business, this article examines five of the key considerations: 1.      Share or Asset Sale Generally, a share sale favours the seller as…

SumTotal adds Gamification

SumTotal has announced a new version of its SumTotal Talent Expansion Suite. It has extended the capability in three areas. The Talent acquisition and recruiting suite is redesigned. There is extended support for xAPI, the experience API that is an elearning software specification to integrate elearning platforms. SumTotal has also extended the use of gamification…

NGA HR has its own Brexit

NGA Human Resources (“NGA HR”) has announced that it is to sell its UK Mid-Market and SMB (Moorepay) divisions (“NGA UK”) to Bain Capital Equity. There are also some significant changes in the leadership with Adel Al-Saleh, CEO leaving to take up a new role. Andy Monshaw, President NGA HR Enterprise will be taking up…

Deltek bids for Onvia as acquisitions continue

Deltek has announced its intent to acquire Onvia (NASDAQ:ONVI). Supported by its immediate parent company Project Diamond Intermediate Holdings, Corp. the acquisition is aimed at strengthening Deltek’s GovWin IQ solution. The acquisition is likely to cost around $70 million with the price offered at $9 a share. Once integrated, the Deltek offering will place give…

Deltek strengthens media with Workbook Software

See correction below Deltek recently announced that it had purchased Workbook Software. The acquisition boosts Deltek’s presence in the creative market. This is a significant acquisition by Deltek and its first since it was acquired by Roper Technologies. The terms of the agreement were no disclosed. Workbook is a significant player in the media industry. It…