The end of 2007, at least in the space that I cover, has certainly been "the most wonderful time of the year" for one vendor - NetSuite. True, prior to that, Deltek had a decent initial public offering (IPO) , and possibly even more important, a stellar Q3 2007 quarterly report thereafter.
However, on December 20, 2007 NetSuite Inc., a vendor of on-demand, integrated business management
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$1.5 market valuation is expected to provide it with improved market quality, liquidity and brand visibility associated with listing on NYSE Euronext markets. The company's IPO is to position it for the next phase of its growth, providing the means to invest in further product development, sales and marketing, and partner development activities. To celebrate the special occasion, NetSuite's Chief Executive Officer (CEO) Zach Nelson rang the day's opening bell, joined by NetSuite Founder and Chief Technolo