Accounting News


BIZ ONE VERTICALIZES SAP is rolling out a series of niche products for its Business One software with 20 already in the field and another 15 microvertical applications planned for release this year.

Products already launched include field service for oil and gas and retail for shoe stores and retail for liquor stores, according to Ralf Mehnert-Meland, global senior director of software solutions partners for SAP. Mehnert-Meland said the company, which has about 170 resellers with 200 locations, also plans to recruit specialized VARs.


Partner Insights

Dexter+Chaney, which markets construction software, has promoted Curt Westberg to vice president of sales and Bill Neel to vice president of development.

Westberg, previously national sales manager, joined the company in 1994 while Neel was development manager. The two have also become part owners in the company, joining cofounder Mark Dexter, vice president of marketing Brad Mathews and vice president and COO John Ulacia as owners.


Epicor Software plans to re-enter the financial software market strongly with the release of Epicor 9, according to remarks made by CEO Thomas Kelly at an analyst conference.

Kelly said the new version will have multicurrency, multicountry and consolidation features. “It will allow us to go into the market Platinum [Epicor’s prior name] was in at the start,” he said. The company currently concentrates on the manufacturing market.


Online software vendor NetSuite has acquired OpenAir, which makes professional services automation software, for $26 million in cash.

NetSuite CEO Zach Nelson said OpenAir’s capabilities will be written into the NetSuite code base. The 56 OpenAir employees will now work for NetSuite, which will turn the Boston office into the NetSuite East Coast headquarters.


Nonprofit vendor Kintera, which never had a profitable quarter as a public company, is being acquired for $46 million in cash by Blackbaud of Charleston, S.C.

Kintera’s main product, the online Sphere fundraising system, has 2,200 customers. There were also 1,700 customers of the on-premise application, FundWare.


NetSuite has named Per Brondum Jakobsen, who served as vice president of products strategy at rival from 2005 to 2008, as vice president of product management.

Jakobsen worked for 10 years in the United States and Denmark at Oracle, whose chairman, Larry Ellison, is NetSuite’s major shareholder.


Radiant Systems, whose product lines include the CounterPoint point-of-sale system, has acquired Jadeon, which supplies POS applications to the hospitality industry, for $7 million.

Jadeon, formerly owned by Innuity, will add 100 employees to Radiant’s employee base. The acquired operations has reportedly installed more than 3,000 POS systems and also provides consulting and maintenance services.


Project software vendor Deltek planned to cut about 50 jobs during the June and to take a $1.4 million restructuring charge in the current quarter to cover severance costs and other charges related to what it called a cost realignment.

The decision was discussed by CEO Kevin Parker in a conference call about the March results. He also noted that management planned to rectify what he pictured as disappointing results in the United Kingdom during that quarter.

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