NetSuite this week announced the initial public offering of 6,200,000 shares
of its common stock at a price of $26.00 (£13.08) per share in New York.
CEO Zach Nelson rang the opening bell at the New York Stock Exchange as the
California-based online accounting developer followed other Software as Service
firms such as salesforce.com onto the public markets.
Experts believe that several other SAAS providers may also pursue listings
over the next year.
Credit Suisse Securities served as book runners for Netsuite, which enjoys
the backing of Oracle chief executive Larry Ellison.
A new head of solutions, Aidan Brennan, has been appointed at KPMG UK
The Practitioner discusses their timesheet militancy, and reaction to someone playing it fast and loose with the details...
Making Tax Digital will impose significant additional tax compliance costs on small businesses for little or no medium term benefit, tax and small business experts told MPs
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin