News and Analysis

News and Analysis (15704)

U.K. SYSPRO VAR MAKES THREE BUYS

k3_logoK3 Business Technology Group, an important Syspro reseller based in the United Kingdom, acquired three other companies in December. The deals primarily extend K3's existing lines of business in countries in which it is already operating with the acquired companies having about $10.7 million in combined annual revenue. Early last month, it acquired Unisoft, which sells retail Point of Sale applications in Holland and Scandinavia (primarily in Holland). Read more...

BCS PROSOFT GETS FOREPOINT DELTEK BIZ

Clark Haley, BCS ProSoftBCS ProSoft, a San Antonio, Texas-based software reseller, has acquired the Deltek Vision practice of Forepoint. The deal enables BCS, which already handles Vision, to expand its foot print on West Coast, and in Hawaii, and the Mountain States, according to CEO Clark Haley.

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SAGE VET GREGOREC MOVES TO BLYTHECO

Jeff Gregorec, BlythecoJeff Gregorec, who left Sage in November, has joined its largest reseller Blytheco as VP of sales for North America. In doing so, he replaces Stuart Langer, who had held the job since January 2010. Gregorec's Linkedin page reflects the change in jobs; Langer's does not. The only information about Langer was that he had left Blytheco. Gregorec held the job of VP of sales and strategic alliances for the CRM division North American when he left in October after four years seven months with that company.

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INFOR REPORTS LICENSES UP 16 PERCENT

Charles Phillips, InforInfor has reported 16-percent license growth for its second quarter, which ended in November. The company also said that EBITDA margins improved to 27 percent with new customer additions and support subscriptions having accelerated. The company, which was once completely quiet about results, said its core ERP business for the second quarter was up 25 percent over the prior year. Read more...

AVALARA REVVING ACCOUNTANT PROGRAM

Sales-and-use tax vendor Avalara is getting ready to pump more resources into its efforts to enlist CPAs in promoting its products. The Bainbridge Island, Wash.-based company plans to have a website for accountants operating by the end of February. Read more...

IMPACT OF SAP’S BIG BIZ SUCCESS?

SAP logoA funny thing happened to SAP on its way downmarket and to a channel-driven business—It regained its momentum in the enterprise space. Hits like the Hana in-memory technology have spurred tremendously good financial results. That brings the question about commitment to channel and going down market. Read more...

RED WING RELEASES PO MODULE

red wing logoRed Wing Software has released a purchase order management module, and added option of managing multiple inventory locations for its CenterPoint Accounting Software. The purchase order module has a “suggest orders” function and can look at existing sales orders and/or past sales history, and create a suggested orders report from which users can immediately edit or place orders with vendors. Purchase orders can also be generated directly from sales orders. Read more...

PLUMBLINE NAMES NEW PREZ

Plumbline Solutions, which develops Dynamics SL for Microsoft, has named Ruth Ann Ellerbrock as president. Ellerbrock, previously the company’s COO, takes over from Joe Young who will now devote all of his time to his job as president of a sister company, Beyond Software. Both companies are headquartered in Findlay, Ohio, and Beyond Software was formerly a Plumbline subsidiary

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TENDRAS ADDS DIRECTOR

Kathleen Tate, TendrasTendras Business Advisors has hired Kathleen Tate as director of business development. Based in Southfield, Mich., Tendras sells Dynamics GP and Intacct software. Tate was previously a partner account manager with Microsoft and spent 11 years with the vendor in different roles. Her job at Tendras includes helping companies implement cloud-based systems.

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FISHBOWL PREPAYS $1 MILLION LOAN

David Williams, Fishbowl InventoryFishbowl Inventory has made a $1 million early repayment of a loan made this year. The loan by Zions Bank enabled the company to buy the stake of a majority investor so that it could become 100 percent employee-owned in May. Fishbowl said it could have been sold or broken into pieces without the resources provided by the loan. CEO David Williams had pledged everything he owned as collateral for the loan while the company's executive team volunteered contributions and took temporary pay cuts.

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