NetSuite's has acquired OpenAir Inc for $26 Million.Openair offers SaaS for service based companies to manage billable staff and projects.
OpenAir focus is marketing firms, law firms, consulting companies and IT services companies. They might be small (56 employees) but have won the 2008 Software and Information Industry Association's Codie award for best business software solution.
Netsuite has committed to invest in the current OpenAir software solutions for a minimum of 10 years and OpenAir customers will not be required to migrate to NetSuite products.
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