Feeds

Sage stuffed in Mind Your Own Business bid

Geordies scuppered by share prices

Choosing a cloud hosting partner with confidence

Geordie small biz provider Sage has been beaten in the battle over Australian accounts provider MYOB even though it was offering more for the firm.

Sage was offering A$1.3bn and was supposedly the preferred bidder. But fears over its not being able to gain shareholder approval tipped the balance to favour Bain Capital.

The buy would have been Sage's biggest ever and would require shareholder approval, all of which could have potentially delayed the deal. Given last week's huge falls in share prices, the deal looked even less likely.

Sage's market cap has fallen to about £3.1bn and a bid for MYOB would cost in the region of £822m and would need a shareholder vote.

Bain Capital is offering £822m – or A$1.2bn – but has no shareholders to keep happy. ®

Choosing a cloud hosting partner with confidence

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
How to determine if cloud backup is right for your servers
Two key factors, technical feasibility and TCO economics, that backup and IT operations managers should consider when assessing cloud backup.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Internet Security Threat Report 2014
An overview and analysis of the year in global threat activity: identify, analyze, and provide commentary on emerging trends in the dynamic threat landscape.