QUOTE AND NEWS
Reuters  Aug 1  Comment 
* Netsuite inc will be obligated to pay a termination fee of $300 million to oracle in certain customary circumstances - sec filing Source text for Eikon: Further company coverage: (Bengaluru...
Forbes  Jul 31  Comment 
Here are five things in technology that happened this past week and how they affect your business. Did you miss them?
New York Times  Jul 29  Comment 
The business software omnivore is playing catch-up in one of the hotter fields of tech. Its NetSuite purchase is its latest thrust in that direction.
New York Times  Jul 29  Comment 
Oracle’s announced purchase of NetSuite is aimed at getting deeper into the game, while Amazon drew more than half its operating earnings from the segment.
Reuters  Jul 29  Comment 
* Fitch: acquisition of Netsuite does not affect oracle's 'A+/F1' ratings Source text for Eikon: Further company coverage:
Forbes  Jul 29  Comment 
Oracle Chairman Larry Ellison owns 41.3% of NetSuite, which Oracle is acquiring for $9.3 billion in cash.
Benzinga  Jul 29  Comment 
NetSuite Inc (NYSE: N) reported robust 2Q16 results, although they were overshadowed by the agreement to be acquired by Oracle Corporation (NYSE: ORCL) for $9.3 billion. BTIG’s Joel P. Fishbein, Jr. maintains a Neutral rating on NetSuite. 2Q...
Benzinga  Jul 29  Comment 
  SunTrust Robinson Humphrey boosted the price target on Alphabet Inc (NASDAQ: GOOGL) from $850 to $900. Alphabet shares closed at $765.84 on Thursday. Morgan Stanley raised the price target for NetSuite Inc (NYSE: N) from $60 to...
Benzinga  Jul 29  Comment 
Morgan Stanley, which had an Underweight rating on NetSuite Inc (NYSE: N), has upgraded the stock to Equal Weight following its acquisition by Oracle Corporation (NYSE: ORCL) for $9.3 billion, or $109 a share. It is to be noted that the takeout...




 
TOP CONTRIBUTORS

NetSuite Inc. is a vendor of on-demand, integrated business management application suites for small and medium-sized businesses. The Company provides a suite of enterprise resource planning (ERP), customer relationship management (CRM) and e-commerce capabilities that enables customers to manage their critical back-office, front-office and Web operations in a single application. Its suite serves as a single system for running business operations and is targeted at small and medium-sized businesses (SMBs), as well as divisions of large companies. The Company delivers its suite over the Internet as a subscription service using the software-as-a-service or on-demand model. As of March 31, 2007, it had over 5,300 active customers.

Business

NetSuite derives 18% of their revenue from international sales and one of the key areas the company plans to focus on is expanding their international sales.


Trends and Forces

Research and Development

According to their amended S1 filing, the company plans on spending between $10 and $15 million on capital expenditure including a second data center facility in 2008. The company will most likely take an earnings hit on account of these expenditures as well as for expensing options that are exercised by management and employees.

Competition

NetSuite is a contender to any company that offers accounting, sales force automation, inventory management and CRM capabilities in a single integrated hosted solution. A single solution that can address the needs of a growing organization without having to spend millions or install infrastructure is music to the ears of any CTO who has worked with disparate systems before and has had to make them talk to each other. Main contenders in this region happen to be Salesforce.com (CRM), Microsoft (MSFT), SAP AG (SAP) and RightNow Technologies (RNOW) who provide similar "Software as a Service" (SaaS) landscape.

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