Cloud Computing: NetSuite Buys Retail Anywhere
Grazed from Sys Con Media. Author: Maureen O’Gara.
NetSuite said Thursday that it’s bought 28-year-old Retail Anywhere in a deal that’s supposed to deliver the first cloud-based system that unifies POS and e-commerce in a single application.
The company, which is majority owned by Larry Ellison, says it’s bringing brick-and-mortar retail businesses to a global commerce cloud, grafting multiple-customer touchpoints onto its SuiteCommerce platform to deliver an integrated cloud business suite for retailers including POS, web sites, smartphones, tablets and call centers.
Terms were not disclosed…


Mirantis, a cloud consulting firm and one of the few OpenStack brain trusts outside of Rackspace, announced Thursday that it has received $10 million in funding from Intel, Dell and WestSummit Capital. The latter is a global investment firm with ties inside China.