Last week I met with Zach Nelson, CEO NetSuite in circumstances very similar to those when I recently met with SAP. There are obvious comparisons: SAP provided a hands on individual demonstration of Business ByDesign, NetSuite limited its demo to some pre-canned scenarios demonstrated by...
Larry Dignan pinged me to say the financial analysts are showing renewed interest in SAP with several positive comments on the likely outcome to its Q2 results, due for release on July, 29th: That take is a mixed bag in the things are less worse camp. The biggest argument...
The NetSuite IPO has gone out tonight at a price of $26 per share, exactly double the lower limit quoted two weeks ago when the company first stated a price range for the offering. According to Reuters, this means the company has raised $160 million in its NYSE debut under...
Demand for NetSuite's IPO is running higher than expected. In an SEC filing on Tuesday, NetSuite said it is raising the price range of its IPO to $16 to $19 a share. The stock will trade on the New York Stock Exchange under the ticker "N." ...
NetSuite says it has started its IPO auction and plans to price its shares after market close Wednesday. It has also posted its roadshow presentation. On Monday, NetSuite said it is offering shares under a Dutch auction format. The auction is similar to the one conducted by...
Bidding opened today in NetSuite's IPO auction process and will close a week Wednesday, after close of business on December 19. So the pre-Xmas IPO I foreshadowed last week is now definitely on. From the release that crossed the wires this morning: NetSuite Inc. today announced...
NetSuite CEO Zach Nelson and other company execs have set off on an investor roadshow today to sell the merits of the company's forthcoming listing on the New York Stock Exchange. The timing of the tour suggests NetSuite hopes to offer its stock in the week before Christmas, perhaps intending...
NetSuite released its second quarter financials in an amended S-1 registration statement this week, which also revealed that majority stockholder Larry Ellison is to relinquish his grip on the company to eliminate potential conflicts of interest while he remains CEO of software giant Oracle. Both moves help pave the way...
NetSuite in an SEC filing on Tuesday said that Larry Ellison is putting his shares--all 639,298,039 of them--into a "lockbox" that diminishes his control over the company. The filing is an amendment to NetSuite's current IPO plans. According to NetSuite's latest IPO filing: ...
Usually, when I begin my forecast for the coming year, I like to look at how I did the previous year - which is usually disconcerting to say the least. So, in honor of my first non-intro post for this ZDNET blog, I'm going to be nakedly transparent and show...