OpenAir Acquired by NetSuite for $26M
Gregory T. Huang6/3/08
NetSuite, a Silicon Valley business software firm, has signed a deal to buy Boston-based OpenAir for some $26 million, plus $5 million in restricted stock units at closing. OpenAir provides Web-based services automation software for business groups.
Gregory T. Huang is Xconomy's National IT Editor and the Editor of Xconomy Boston. You can e-mail him at gthuang@xconomy.com, call him at 617-252-7323, or follow him on Twitter at @gthuang.
