NetSuite – News Stories About NetSuite - Page 1

Web 2.0 Firms Taking
Slower Route to IPOs

Mar 6, 2008 1:19 PM CST

Web 2.0 Firms Taking Slower Route to IPOs

The new business model calls for a 'slow and easy' approach to going public

(Newser) - Growing Web 2.0 companies like LinkedIn, Facebook, and Slide are biding their time before going public, making sure to run up their value as much as possible to fetch top dollar with an IPO, reports Business Week. It’s a far different approach than companies took before the dot-com...

NetSuite IPO Brings Market Early Christmas Gift

Dec 21, 2007 6:19 AM CST

NetSuite IPO Brings Market Early Christmas Gift

Ellison-backed software provider sees its price soar 36.5%

(Newser) - Online software provider NetSuite reminded Wall Street of the good old days yesterday as the year’s final IPO scored a 36.5% increase over its opening price, reaching $35.50 by the NYSE closing bell, reports the Wall Street Journal. The company, backed by Oracle CEO Larry Ellison, in...

NetSuite Doubles IPO Price

Dec 20, 2007 5:11 AM CST

NetSuite Doubles IPO Price

Surge of interest sees the price for the on-demand software vendor soar to $26

(Newser) - On-demand software vendor NetSuite has doubled the price on its IPO after a Dutch-auction-style bidding war over the past two days saw investor interest surge. After originally pricing the offering at $13-$16, NetSuite bumped it to $16-$19 Tuesday and then $19-$22 yesterday. Late last night the company set a target...

Ellison-Backed IPO Wraps '07

Dec 17, 2007 7:40 AM CST

Ellison-Backed IPO Wraps '07

NetSuite's auction format puts off some investors

(Newser) - On-demand software company NetSuite goes public this week with an offering likely to draw the bulk of attention in an otherwise quiet finale for IPOs. Only three firms will go to market, compared to eight in last year’s final week. Oracle CEO Larry Ellison’s NetSuite hopes to raise...

Netsuite Hopes for $99M in IPO

Dec 6, 2007 5:46 PM CST

Netsuite Hopes for $99M in IPO

Ellison has moved decisively to silence conflict-of-interest criticisms

(Newser) - The IPO for Oracle CEO Larry Ellison’s ‘software-as-a-service’ company, Netsuite, is gearing up as the company set an initial price range yesterday of $13 to $16 a share for 6.2 million shares planned for release, News.com reports, a 10% stake. Netsuite hopes to raise $99.2...

With IPO, Ellison Walks $500M Tightrope

Jul 3, 2007 5:30 AM CDT

With IPO, Ellison Walks $500M Tightrope

NetSuite offering reveals Oracle chief's major stake in rival

(Newser) - It's murky waters ahead for Oracle CEO Larry Ellison, a day after rival NetSuite Inc. revealed in an IPO filing that the outspoken billionaire holds a 74% stake. That puts Ellison, whose Oracle holdings are valued at $24 billion, in a tricky spot: Other shareholders may view the joint investments...