« Only an 8th grade education | VC’s are conspiring to take over your business »

Go Newmerix! Go!

  • Comments (-)

I’ll keep this brief since I hear from readers that they are not crazy about me using this space for plugging portfolio companies.  I rarely do that, but yesterday’s announcement from Newmerix was too good to pass up.  You can read the full release here.  For the 95% of you who aren’t familiar with the company, Newmerix provides a suite of tools for managing, testing and maintaining packaged application environments – specifically SAP, Oracle and PeopleSoft. I know – you’re probably wondering where you can get a copy for yourself (here), but actually it’s a sticky problem for a huge number of companies around the world. 

As you’ll see from the release the company had an outstanding 4th quarter and fiscal 2007, signing a bunch of new customers, more then doubling bookings and revenue and releasing a handful of key products.  I’m pretty sure this is their first "here’s how we’re doing" release – they picked a good one.

February 8th, 2008     Categories: Mobius Companies    
  • Ken

    Seth, there are rumors out there today (10/30/08) that Newmerix has been shutdown. Any truth to that?

    • Chrash

      True. Everyone's last day was 10/30. EVERYONE!

  • Michael Rooney

    As an 11 year old company in the same general business as Newmerix, we at RingMaster are very unhappy about Newmerix's decline. We thought Newmerix had an interesting approach to patching Oracle E-Business Suite and had tried to open up some partnering options. We thought their products could fit with our Framework for Oracle Applications that manage E-Business Suite maintenance including patching, cloning, backup, requests, compliance, etc. If anyone knows who has ended up with the assets of Newmerix, we would like to talk to them.