Cloud Computing: NetSuite Buys Retail Anywhere

January 10, 2013 Off By David

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…

Retail Anywhere, which specializes in POS terminals and the software that runs them, became a NetSuite partner when NetSuite trotted out its SuiteCommerce last spring and talked up Commerce-as-a-Service stating it could manage and scale both the retail back-end through its the core ERP/financials and CRM solutions as well as give clients a web store B2B/B2C front-end…

Read more from the source @ http://www.sys-con.com/node/2508899