News and Analysis

News and Analysis (15670)

QBO ADVANCED PRICE RISES

 The subscription price for QuickBooks Online Advanced is being raised by 11.1 percent. The price increases across the QBO line come as Intuit has also made significant changes in sales of its desktop QB products.

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HSO BUYS CANADIAN VAR

 HSO has acquired Shea Solutions, a Dynamics reseller based in Toronto, Ont. Terms were not disclosed.

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UNIT4 BUYS SCANMARKET

 

Unit4 has acquired Scanmarket, which makes procurement software. Terms were not disclosed.

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COLUMBUS CFO LEAVING

Hans Henrik Thrane is resigning as CFO of reseller Columbus as of August 31. He is leaving after 12 years in the position. The company’s board said the departure stems from Columbus’ strategy of becoming a global consultancy.

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ALITHYA BUYS FIRM FOR $56.4 MILLION

UmbrellaThe Alithya Group, based in Montreal, Que., has agreed to acquire Datum Consulting Group for up to $56.4 million. The purchase of the Indianapolis, Ind.-based firm includes a maximum potential earnout of $13 million.

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ROOTSTOCK USER GROUP STARTS

A user group has been organized by customers of Rootstock Software. The project management software company this week said users have formed the Rooted-In Customer User Group.  

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INSIGHT BUYS FINNISH COMPANY

 Insightsoftware has acquired Clausion, a Finland-based company that markets “cloud-based corporate performance management solutions and services.”

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QUISITIVE 1Q SOARS ON M&A

 Quisitive Technology Solutions, a Dynamics reseller based in Toronto, Ont., report revenue growth of 258.8 percent for the first quarter ended March 31. That came as the company this week showed a 21.9-percent decline in its loss for the first quarter ended March 31.

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PRODWARE Q1 REVS UP 2.4 PERCENT

Revenue for Sage and Dynamics reseller Prodware rose 2.4 percent year-over-year for the first quarter ended March 31. The France-based company this week reported first-quarter revenue of about $48.9 million.

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SAGE NAMES N. AMERICAN PREZ

Aziz Benmalek has been named the president of Sage North America. The appointment was noted in a Linkedin post by Judy Romano, who has been CFO of Sage North America since August.

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