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NetSuite Buys OpenAir For $26 million

Monday, June 2, 2008
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NetSuite added to its online CRM and accounting applications today by acquiring OpenAir for $26 million, including the assumption of $5 million of restricted stock that will continue to vest through 2010. Boston-based OpenAir sells Web-based software aimed at professional services firms, including timesheets, expense reports and project management.

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