E-Commerce Minute: Tuesday -- January 10, 2017
The E-Commerce Times -- E-Business Means Businesshttp://www.ecommercetimes.com
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Headline Scan
Yahoo Makes Plans Amid Doubts Over Verizon Deal
Atlassian Scoops Up Trello for $425 Million
New CEO to Guide FinancialForce's Ambitious Growth Plans
Today's Story Highlights
Yahoo Makes Plans Amid Doubts Over Verizon Deal
Yahoo has disclosed in an SEC filing that following the sale of its
operating business to Verizon, the company will restructure its board
and change its name. It also warned that a massive hack disclosed last
year could imperil its $4.8 billion sale to Verizon. Yahoo will operate
as an investment company after the Verizon deal closes, it reported in
the filing.
http://www.ecommercetimes.com/story/84218.html
Atlassian Scoops Up Trello for $425 Million
Atlassian, the parent company behind the Jira enterprise tracking and
HipChat communication apps, on Monday announced a deal to acquire
Trello, the developer of a cloud-based collaboration app for enterprise
teams and personal use. Atlassian will fork over $425 million-- $360
million in cash and the rest in stock. Trello provides software that
includes digital whiteboards and virtual sticky notes.
http://www.ecommercetimes.com/story/84216.html
New CEO to Guide FinancialForce's Ambitious Growth Plans
Cloud-based ERP firm FinancialForce has named a new CEO, Tod Nielsen,
who previously served as EVP of platform at Salesforce. Nielsen takes
the helm from FinancialForce founder Jeremy Roche, who remains a major
shareholder in the company. He will stay on as special advisor to the
management team and work with FinancialForce investor Unit4 in an
executive position. Roche's home base is in the UK.
http://www.ecommercetimes.com/story/84209.html
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