Zuora, the Marc Benioff-backed on-demand billing and payments start-up, has
announced what it calls the Z-Commerce Platform, a development platform
dedicated to monetizing cloud computing services.
Zuora CEO Tien Tzuo describes the widgetry as the start-up’s most important
product announcement to date, “a big step towards our vision of being the
de facto commerce engine for the cloud.”
With Z-Billing, Z-Payments, and Z-Force, its existing products, the
company’s supposed to have a suite of business cloud solutions focused on
driving revenue from cloud computing.
It figures there’s huge market potential for a provider of cloud-based
commerce capabilities such as subscription billing and payments given
predictions like Merrill Lynch’s that puts the addressable market for cloud
computing at $160 billion, including $95 billion in business and productivity
Mergers & Acquisitions on Ulitzer
We hear - well, you know how people talk - that Oracle has been quietly
meeting with the European Commission and is now expecting it to take - what
with the Christmas break and all - until April or May to get clearance for
its acquisition of Sun Microsystems.
That would be a year to 13 months after Oracle agreed to buy the joint.
It took Oracle longer to get its hands on PeopleSoft, a crusade that took
from June of 2003 to January of 2005 plus a federal judge throwing out the
Justice Department's antitrust objections.
However, PeopleSoft wasn't b... (more)
Avanade, the global enterprise IT services company started by Accenture and
Microsoft in 2000 to focus on Microsoft widgetry, has acquired the software
written by a young 15-month-old SaaS operations start-up by the name of
Opstera that helps manage cloud solutions, the underlying platform and
dependent cloud services.
The price it paid is unknown.
The pair has reportedly been working together on a public cloud management
service for Azure. The technology provides application monitoring and
management of Windows Azure apps.
The start-up said in a FAQ that "There is a strong nee... (more)
Paul Maritz, the charming ex-head of development at Microsoft, a position
that in those days put him a heartbeat or two from the top, has turned up at
EMC running a new Cloud Infrastructure and Service Division that will include
the four-year-old start-up EMC just agreed to buy off of him.
EMC is paying cash for the Seattle-based Pi Corporation and its 100
engineers. EMC didn’t say how much but Pi was founded using
Warburg-Pincus ($$$) money and EMC says the acquisition will likely dilute
its EPS this year by a penny. Pi, which is short for Personal Information, is
still in... (more)
Netscape wunderkind Marc Andreessen, now about to turn a demographically
middle-aged 38, has officially turned venture capitalist, a counter-culture
move since the dot.com bust trashed the sport.
Andreessen and fellow Netscape veteran Ben Horowitz have raised a relatively
modest $300 million – which seems to be considered a goodly sum in these
dire times – and have set up Andreessen Horowitz as they’ve been publicly
threatening to do since February.
Andreessen told the Financial Times they could have raised $500 million or
$600 million but felt a twosome couldn’t handle that kind... (more)