Avastu Blog: Sustainable Global Clouds

Here at Google's Finance Bloomberg covering: NetSuite Inc., the software maker majority-owned by Oracle Corp.'s Larry Ellison, rose for a second day after its initial stock sale, advancing 10 percent as investors seek to tap demand for business programs. The San Mateo, California-based company's applications handle accounting, inventory management and sales tasks over the Internet. They were designed for firms with 1,000 or fewer employees. Small-business spending on that type of software will outpace corporate purchases through at least 2010, NetSuite said this week, citing research firm Gartner Inc. The stock rose $3.64 to $39.14 at 4 p.m. in New York Stock Exchange composite trading, after a 37 percent gain yesterday in its debut. The company raised $161.2 million, selling 6.2 million shares for $26 each. Bloomberg here.

Openbravo, the leading developer of web-based open source ERP (Enterprise Resource Planning) solutions for small and medium businesses, has partnered with rPath to simplify the deployment and maintenance of its software to the Openbravo user base. Openbravo will use rPath's rBuilder™ to create a software appliance, simplifying deployment in both physical and virtual environments as well as maintenance for customers. Routine system maintenance tasks such as scheduling backups or performing system updates will all be possible via a simple browser interface. The flexible architecture will also allow Openbravo to tailor the operating system to the application's needs, therefore maximizing the hardware performance. Link