92 posts and columns on mergers and acquisitions
NetSuite, the cloud-based enterprise resource management software company, said today that it has agreed to acquire OrderMotion, a cloud software firm based in Burlington, Mass., that specializes in order management. Financial terms were not disclosed. NetSuite said it will put OrderMotion’s expertise to work to augment its own order-management capabilities. NetSuite shares rose slightly to $89.90 a share by mid-morning Eastern time.
News Byteacquire Ubiquisys, a maker of indoor, small-cell LTE wireless networking gear, based in the U.K. The company specializes in making femtocells, miniature wireless base stations that boost wireless coverage inside buildings where traditional cell towers sometimes struggle. In a statement, Cisco described the deal as a “doubling down” of its own existing small-cell business.
News Bytecorporate blog post. SolveDirect specializes in helping large companies get their networks talking to those of their partners in order to share information they need to work together more easily. Financial terms aren’t being disclosed.
News Bytejust announced a plan to raise its debt by issuing convertible notes due in 2018. Salesforce says it will use the proceeds to fund “possible acquisitions of, or investments in, complementary businesses, services or technologies, working capital and capital expenditures.”