News and Analysis

News and Analysis (15671)

UNIT4 CLOUD SUBS UP 25 PERCENT

 Cloud subscriptions for the second quarter ended June 30 were up 25 percent over last year’s corresponding period, Unit4 said this week. The Netherlands-based software company did not provide any dollar amount for results.

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 DELTEK PROMOTES TWO EXECS

Deltek has named company veterans Natasha Engan as SVP of global sales and Brian Daniell as chief customer officer. Both report to Mike Corkery, CEO of the company, which specializes in project softwar for the architecture, engineering and construction markets. 

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INSIGHTSOFTWARE RECEIVES $1 BILLION

Insightsoftware has received a $1 billion investment from Hg. Hg Saturn 2 Fund will become a “significant minority shareholder”, along with TA Associates.

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BLYTHECO CHOSEN TOP ACUMATICA VAR

Reseller Blytheco was chosen the reseller of the year for Acumatica. And the awards presented at this week’s Acumatica Summit in Las Vegas, Nev., looked like the old Sage awards, especially Blytheco which used to clean up at Sage events.

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QAD GROWING CHANNEL

QAD wants to expand the QAD Global Partner Network beyond its current 100 members. This includes attracting more channel partners to resell QAD Adaptive Applications, the company said this week.

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QLIK STARTS CLOUD SERVICES CHANNEL

 Analytical software vendor Qlik has introduced a Cloud Services track for its channel program. The program will be available on July 19.

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MYOB BUILDING DIRECT SALES

MYOB, which operates in Australia and New Zealand, has acquired two resellers as it builds a direct sales and service channel for the mid-market. The software company purchased Axys, a partner with more than 600 customers in Australia, and New Zealand’s Exobiz, an MYOB Platinum Partner and Premium Developer.

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VISMA REVS RISE 24.5 PERCENT

Still on the M&A path, Norway-based Visma reported a 24.5-percent rise in revenue for the second quarter ended June 30. Revenue for the software company, which operates in the Nordic countries, Benelux, Romania, Spain and Latin America, hit roughly $641.2 million for the most recently ended period.

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EXACT ACQUIRES GO2UBL

Exact, based in Delft, the Netherlands, has acquired go2UBL, which provides software that converts scanned documents into the Universal Business Language. Terms were not disclosed.

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DISTRIBUTION ONE TAKES IN UBS

 Distribution One and Universal Business Systems have merged under the Distribution One name. Distribution markets wholesale and distribution software, while UBS sells the Synergy Suite of software.

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