With its acquisition of two Dynamics channel members this month, Project AX aims to be the largest Dynamics AX reseller in the United States. The firm acquired Atlanta, Ga.-based Celenia Software, and Englewood Colo.-based MBS Dev this month. Terms were not disclosed. Celenia, with more than 125 employees, will operate under its own name as a division of Pax under its CEO Karina Neilsen, who is now president of the Celenia division of Pax.

A chart showing Xero's stock performance for 2014 looks like a drawing by someone playing with fractals. There's a steep, jagged upturn to a brief peak, followed by a steep (but not quite as steep) downturn The opening price today was $15.70, far closer to its $15-per-share low than the $45.99-per-share all-time high reached in mid Spring. That's unlikely to change much by January 1.

SilverSun Technologies, parent of Sage reseller SWK Technologies, has filed for a public offering to raise $8,533,000 through the sale of securities. But beyond merely raising money, the company plans to simplify its capital structure and get out of the bargain basement of stock listings and onto NASDAQ. Most of the offering, $8.05 million, will come from the sale of Class A Common Stock and the rest from warrants for that class of stock.

Happy holidays. There will be no newsletter from Bob Scott's Insights on Friday, December 26. Emailing will resume on Friday, Jan. 2, 2015. But news will continue to be posted to the website during this period. As always, we wish the best from Bob Scott's Insights; our sister publication, the Progressive Accountant; and our company, the Progressive Media Group.