The hacking of SolarWinds’ (SWI) Orion Platform and the potential impact on a multitude of enterprises and government agencies was the talk of the week.
Read MoreQAD (QADA) has entered into an agreement to acquire Allocation Network GmbH, a provider of strategic sourcing and supplier management solutions, for €12 million ($15 million) in cash and up to €8 million ($10 million) in earnouts over the next three years.
Read MoreManagement changes typically warrant a fresh look at a stock given the potential benefits or fallout from a subsequent strategic or operational shift. In this regard, the past week provided a number of opportunities for investors to consider, although the market’s verdict is already in for 8x8 (EGHT).
Read MoreWe have included several news items from last week to this week’s recap as there were some notable developments during the shortened holiday week. The most pertinent to us was the publication of the United States Postal Services’ monthly trial balance data prior to Thanksgiving, which revealed a 39% Y/Y increase in PC Postage revenue in October.
Read MoreQAD (QADA) reported fiscal Q3 ’21 results ahead of expectations. Much like the manufacturing economy has taken flight after a hard landing brought on by the pandemic, QAD’s sales engine is revving once again as evidenced by a 50% Y/Y increase in the value of deals closed during the quarter.
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