OpenAir software

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OpenAir, Inc.
Type Public Subsidary
Founded 1999
Headquarters Boston, Massachusetts
Industry Software
Products Professional Services Automation, Project Portfolio Management
Website www.openair.com

OpenAir is a web native provider of Professional Services Automation and Project Portfolio Management software in the Software as a Service (SaaS) model.[1] The OpenAir suite includes project management, resource management, time and expense tracking, and invoicing.[2] OpenAir was founded in 1999 as timebills.com and is located in Boston, Massachusetts.[3]

[edit] NetSuite Merger

On June 2, 2008 NetSuite, Inc. (NYSEN) signed a definitive agreement to acquire OpenAir, Inc. NetSuite has agreed to pay approximately $26 million in cash, net of cash on the balance sheet of OpenAir.[4]

[edit] Notes and references

  1. ^ SaaS Model Gaining Ground. CIO India. Retrieved on 2008-02-26.
  2. ^ Five Tips for Evaluating PSA Software. Project Manager Planet (2007-10). Retrieved on 2008-02-26.
  3. ^ Time is Money. WebBusiness Magazine (2000-01). Retrieved on 2008-02-26.
  4. ^ NetSuite Accelerates Vertical Strategy with Agreement to Acquire Professional Services Automation Software Leader OpenAir. PRWeb. Retrieved on 2008-06-02.

[edit] External links