Perfect's Next Move …

I heard it on good authority today from two different sources that Perfect Commerce is in the process of trying to raise its next round of funding. For those who don't know Perfect, the vendor has a track record that makes it look like a mini-me, Spend Management version of Computer Associates, buying vendors (many distressed) on the cheap, and rolling them up into … well, that’s open to individual interpretation. Wait, the similarities continue. Like CA, some of the former personalities involved with Perfect in various iterations have faced multiple indictments and had their day in court. But who knows what might happen in the end, in this case. Maybe if Perfect can raise enough, they'll be able to bring back -- or bail out -- Charles "Junior" Johnson of Purchase Pro fame.

Jason Busch

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