Sage says revenue for North American rose 10.4 percent to about $199 million for the third quarter ended December 31. The statistics were presented this week as part of the company’s trading update.
Vena Solutions, which makes cloud-based financial planning and analysis software, has raised about $75 million ($115 million Canadian) in equity funding. That follows approximately $22.5 million ($30 million Canadian) in funds raised in 2016.
Software company Infor has finally begun talking about a possible initial public offering. The company initiated the discussion as it announced a $1.5-billion investment from its shareholders Koch Equity Development, LLC (KED) and Golden Gate Capital.
Oracle Retail has introduced the Oracle Retail Xstore Office Cloud Service to centralize store back-office operations. The software company, which built the service on the Xstore Point-of-Service that is already in the market, says the service can be implemented in as little as seven weeks from provisioning.
The TV series “Criminal Minds” will be renewed for its fifteenth and last season. There has been erosion of viewership after “Hotch”, actor Thomas Gibson was booted from the show.