Open-source SugarCRM eyes stock market entry
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Blog: The open-source packaged application company, which is releasing the beta of a major product upgrade, is on track to go public, says CEO.
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You don't have to be Google to challenge the way Wall Street manages initial public offerings. A little southwest Virginia biotechnology company has just gone public using the same innovative "open IPO" process as Google.
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Blog: Salesforce.com, SugarCRM find bones to pick with Microsoft's depiction of its hosted Live CRM plans.
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com December 2, 2004, 12:29 PM PT. This priority jumped up two spots into second place as CRM returns into the spotlight among top software initiatives alongside directory services and open source.
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Commercial open source CRM providers have established their presence in the CRM market in relatively short order, with at least four companies -- Sugar CRM, Ohioedge Anteil, Compiere -- setting up shop over the last year.
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The company may be hinting at going public.
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(InfoWorld) - Open-source players MySQL and Open-Xchange are teaming up so Open-Xchange can embed MySQL's database into its Linux-based collaboration server. The two companies announced a partnership and support agreement Thursday to optimize the interaction between MySQL databases and Open-Xchange groupware functions. Open-Xchange customers won't have to pay extra for product support for MySQL, they said. The partnership will result in more choice for customers in the way that they use the Open-Xchange server and can help users cut costs, according to Open-Xchange. MySQL was interested in supporting the integration because an increasing number of companies are choosing open-source collaboration products, like Open-Xchange, instead of proprietary products, the database vendor said. Open-Xchange competes with other open-source collaboration products from ScalixÂ and Zimbra as well as established proprietary software including Microsoft's Exchange and IBM's Notes/Domino. The move is typical of a growing wave of significant partnerships being struck between commercial open-source players designed to simplify the integration of their respective products. For instance, back in June, open-source customer relationship management software vendorÂ SugarCRM announcedÂ a relationship with open-source business intelligence company JasperSoftÂ to allow SugarCRM users to generate reports using the co-developed JasperReports for the SugarCRM reporting engine.
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Sharper Image stock may be worth a look at current levels.
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A dot-com services upstart gets ready to go public at a time when the market has cooled on new issues.
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The day when stock investors scan corporate results with computer software to make immediate buy-and-sell decisions may be close at hand.
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InfoWorld - As SugarCRM readies the final version of its Sugar 5.0 commercial and open source customer relationship management software, the vendor is planning a new platform edition of the software for developers.
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One analyst says a big chunk of the so-called "open source market" is already made up of leading traditional software vendors such as IBM and Oracle, who are following hybrid open source/propietary business models. And "pure play" vendors aren't necessarily that pure, either.
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Company seeks to bolster its ability to offer business intelligence applications through a Web browser.
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The Motley Fool - Investors have unloaded on many software companies lately, such as Red Hat (Nasdaq: RHAT - News), Siebel (Nasdaq: SEBL - News), Novell (Nasdaq: NOVL - News), and so on. However, with the markets perking up this week, investors are a little more sanguine about the sector -- at least for those stocks that exceed expectations.
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Bargain hunters may want to keep an eye on this stock.
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SugarCRM lands a $20 million venture round, giving the open source customer relationship management software maker a boost to its global expansion plans.
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TechWeb - Availability of Entellium's code could speed development of industry-specific CRM products.