Both the “old” Deltek (pre-2005) and “new” Deltek (from 2005 on) have not been strangers to acquisitions, but these were largely well thought-out and appetizing (“nip in”) purchases of smaller companies that had either an attractive piece of technology or install base (or both). However, in early June 2010, immediately after its Insight 2010 user conference, Deltek announced its intent to acquire Maconomy A/S, a Denmark-based provider of solutions to the professional services market. On July 6, Deltek announced the completion of its tender offer to acquire the European enterprise resourceplanning (ERP) provider.
With 2009 behind us, Technology Evaluation Center’s (TEC’s) research analyst team takes a brief look at some of the newest vendors to join its research roster.
It has been almost two years since NetSuite Inc. (NYSE: N) went public and my analysis of that blockbuster initial public offering (IPO) event. Needless to say, much has happened at the bullish software company since.