Netsuite buys professional services automation company OpenAir for $26M

Netsuite, the online business management software company, said it has acquired Boston’s OpenAir for $26 million in cash. OpenAire offers customers a way to manage professional services, including billable time and project management.

The acquisition of OpenAir, which will become Netsuite’s East Coast office, includes $5… Continue Reading

Roundup: Kyte gets more, Microsoft’s ad deal, NetSuite’s golden IPO, more

Roundup: Kyte gets more, Microsoft’s ad deal, NetSuite’s golden IPO, more

Here’s the latest (updated) action:
1) Kyte.tv raises $15 million
2) Electric Sheep Company lays off 22
3) FCC receives 700MHz auction applications
4) Microsoft signs $500M ad deal
5) GPS devices fly off the shelves
6) Netsuite sets high price for planned IPO
7) Eric Eldon, celebrity at large?

Kyte.tv raises $15M… Continue Reading

Roundup: Virtual sex bed suit, Geni, Gay.com, Netvibes, Helio and more

Roundup: Virtual sex bed suit, Geni, Gay.com, Netvibes, Helio and more

Here’s the latest (ahem) action:

Second Life avatar sues another avatar, over virtual sex bed — We should have predicted this. Second Life entrepreneur Kevin Alderman has filed a copyright infringement lawsuit against Second Life resident Volkov Catteneo. This is apparently the first time an avatar has… Continue Reading

Netsuite, online business software co., files for IPO despite losses

NetSuite, a San Mateo, Calif. company that sells Web-based business software such as ERP (Enterprise Resource Planning), CRM (Customer Relationship Management) and e-commerce management, has filed to go public.

Here’s the SEC filing. It is still losing money.

Roundup: Winter IPO party?, Google improves directions, Zoho Wiki & more

Roundup: Winter IPO party?, Google improves directions, Zoho Wiki & more

Latest Silicon Valley round-up:

IPO window opening? — Lots of companies filing to go public lately. In just the past couple of days, there’s WiMax company Clearwire (see our story), game company Glu Mobile (see story), WiFi company Aruba (see story) and now rumors of software company… Continue Reading