Initial Public Offering The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of...
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...
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...
SuccessFactors had a successful Nasdaq IPO yesterday, but if it continues spending at its current rate, it'll have burnt through its freshly acquired cash pile by next summer. Is it 1999 all over again? by Phil Wainewright
To my knowledge, there is no mutual fund that specializes in investing in software-as-a-service stocks. Is that something of an oversight by the financial services industry? I'm sure there would be a ready supply of investors who'd like to invest in the industry in a way that spreads the risk...
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...
Having been hinted at, promised and much discussed for the past two to three years, what made NetSuite decide to pick this week to submit its IPO paperwork to the SEC?One delaying factor was outside of the company's control although it ought to have seen it coming. It had to...
On-demand ERP vendor Intacct has a new CEO at its helm today, its third in three years. I spoke to Mike Braun at 8am PST this morning, the very moment he started work in his new job at the vendor. by Phil Wainewright
Ill be meeting Zach Nelson, CEO of NetSuite, on one of his visits to the UK tomorrow night, so I thought why not present him with the results of a special ZDNet readers poll? The topic: whether NetSuites planned IPO will ever go ahead. To cast your vote, see below....
In interviews with the San Francisco Business Times, NetSuite executives have confirmed plans to prepare for an IPO later this year. "We're hoping to see something in the ballpark of what Salesforce got in terms of valuation," NetSuite CEO Zach Nelson told the paper — which would value his company...
Here are today’s notable headlines. You can get News To Know via email alert and RSS daily. For continuous updates see BNET’s around-the-Web tech coverage. Sam Diaz: Facebook's privacy settings: users get more control as wall gets torn down Ed Bott: Microsoft to offer Family Pack...
Here are today’s notable headlines. You can get News To Know via email alert and RSS daily. For continuous updates see BNET’s around-the-Web tech coverage. Larry Dignan: IBM-Sun deal nears finish line; Antitrust worries just starting Sam Diaz: RIM delivers solid Q4 on BlackBerry...
With all kinds of cloud announcements promised at Microsoft PDC next week, rival vendors Amazon and Rackspace have tried to steal a little early thunder with some announcements of their own. This is the beginning of a titanic struggle to establish the top cloud providers, and this week's announcements have...
Since I am based in Europe and come from a finance background, I have a special interest in what happens in this part of the world. Over the last couple of years, I've been consistently told by 'experts' that saas/on-demand business applications and especially those that are finance related will...
One of the biggest problems facing enterprises today is that the world is communicating faster than their IT systems can keep up with. This is particularly obvious in businesses that operate multinationally. Their managers collaborate and communicate daily across timezones and geographies by phone, email and Web conference, but their...
At the high end of the platform-as-a-service spectrum, there's a cluster of vendors that offer fully templated but still highly customizable business applications, targeting small to mid-size businesses and departmental managers in larger organizations. Interestingly, in a poll of ZDNet readers I ran earlier in the month asking where you'd...
Notable headlines: Mary Jo Foley: Review: Microsoft’s Hyper-V puts VMWare and Linux on notice Dana Gardner: Merger target suspect Citrix assembles virtualization products as Delivery Center Dan Kusnetzky: Why is the concept of virtual machine software so sticky? Former Microsoft...
Notable headlines: Mary Jo Foley: Microsoft declares its modeling love with a new language, ‘D’ Larry Dignan: Yahoo's conundrum: White knights are hard to find Dan Farber: Mitch Kapor: Microsoft+Yahoo, major integration challenge David Morgenstern: Will Microsoft support Windows on Macs?...
Notable headlines: Mary Jo Foley: Veteran Windows architect resigns from Microsoft Independent study backs OOXML. EU launches new probe against Microsoft Macworld: David Morgenstern: Will Macs star at this year's Macworld Expo? Jason O'Grady: The calm before...