NetSuite Urges Users to Upsell
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ASP NetSuite this week unveiled the latest version of its hosted applications suite with a focus on &quot;upsell&quot; and e-commerce functionality.
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The software giant has started a campaign to steal, er, migrate NetWare users over to Windows Server 2003. Sheesh. &quot;Microsoft is offering US-based NetWare customers a voucher worth $600 toward channel-partner
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NetSuite has raised the estimated price range for its IPO (initial public offering) to $16 to $19, from the original $13 to $16.The company made the disclosure in a document filed Tuesday with the U.S. Securities and Exchange Commission.The company is&#160;following the lead of Google in conducting an online, auction-style IPO, instead of having underwriters set the price.&#160;The auction opened on Dec. 10&#160;and NetSuite said at the time it expects the stock&#39;s price to be finalized on Wednesday.NetSuite, which sells a line of hosted business software, is putting up 6.2 million shares of common stock. NetSuite expects to net about $98.4 million after expenses from the IPO, it said in the filing. That estimate assumes the stock will price at $17.50.NetSuite has said it plans to use money generated by the IPO to pay off an $8 million balance on a line of credit with Tako Ventures, an entity controlled by Oracle CEO Larry Ellison, and to possibly make acquisitions.Ellison controls about 60 percent of NetSuite&#39;s outstanding stock, which works out to about 31.9 million shares. He plans to put those shares into a &quot;lockbox&quot; limited-liability company, a move that would &quot;effectively eliminate&quot; his voting control and thereby avoid potential conflicts of interest, NetSuite has said.
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Some sales reps at brick-and-mortar retailers convince PC purchasers to buy unnecessary store-made backups.
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NetSuite, a growing provider of on-demand CRM and ERP capabilities, has released Version 10 of its application suite, introducing a range of new analytical capabilities aimed at improving management visibility and customer profitability.
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Sellers uhappy with higher fees are looking to Overstock.com as an alternative.
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InfoWorld - NetSuite&#39;s users can start accessing the company&#39;s hosted midmarket applications suite via their iPhones as businesses start to investigate the possibilities of using the&#160;much hyped Apple mobile device&#160;at work.
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NetSuite on Wednesday&#160;boosted the estimated price range for its IPO&#160;(initial public offering) for the second time in just two days, according to a filing with the U.S. Securities and Exchange Commission. The range now stands at $19 to $22, after NetSuite raised it to $16 to $19 on Tuesday.
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A group that earlier this year offered for sale the source code of a popular intrusion detection system now is selling what it says is a copy of the source code for a recent version of Cisco Systems Inc.
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NetSuiteâs shares surged more than 36 percent in their stock market debut as investors latched on to the online business software service backed by billionaire Larry Ellison.
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The company is looking to reach out to the community of users of its software by building a mailing list of those interested in beta testing software.
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LinuxWorld If that's selling out, we want to sell out more often
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The founder of a US Caller ID falsification service is selling up, just days after setting up in business.
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Oracle Corp Chief Executive Larry Ellison, who last week won a federal judge&#39;s support for his US$7.7 billion bid for PeopleSoft Inc, now needs to woo PeopleSoft customers to complete his plan to boost sales.
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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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NetSuite, Inc., today announced NetSuite 10.0, delivering new capabilities that have never before been available in a business application -- whether delivered as an Internet service or an on-premise solution.
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NetSuite on Wednesday set the initial price of its stock at $26, greatly exceeding its original estimate.