News and Analysis

News and Analysis (15710)

EPICOR REPORTS CYBERATTACK

 Epicor Software has reported a cyberattack on its network. The company says operations were not impacted and there was no impact on its cloud applications of customer data.

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SAGE SIGNS DEAL FOR POLISH OPS

Sage has reached an agreement to sell its operations in Poland to Mid Europa Partners. The move is part of a previously announced decision to exit several smaller markets.

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FOURLANE OWNER TOP QB CHANNEL

Marjorie Adams, owner Fourlane, based in Austin, Texas, has been named Intuit’s Partner of the Year. The award was one of a number made as Intuit announced recently for its QuickBooks Solutions Providers.

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SOVOS ACQUIRES LTAX

Sovos, which market indirect tax software applications, has acquired LTtax. Terms were not disclosed.

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WEIGHING FUTURE OF BUSINESS TRAVEL

Businesses have saved a lot of money with the near shutdown of business travel. But once the pandemic ends, how close will levels of travel come to pre-COVID-19 pracitces?

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PHOCAS SOFTWARE SEEKS RESELLERS

Phocas Software, based in Australia, is seeking to significantly grow its reseller channel. The company, which makes business intelligence and planning software, has about 25 resellers, according to president Jay Deubler.

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AVALARA BUYS INSURANCE APP BIZ

Avalara has acquired Impendulo Ltd., a London, England-based company that provides application for insurance tax compliance. Terms were not disclosed.

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SAGE CUT INTERNATIONAL STAFF

Sage cut the number of employees outside of its key markets by 26 percent last year, according to the company’s recently published annual report. The numbers support Sage’s report that it will sell four businesses outside of its core markets. 

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APTEAN BUYS OPEN SYSTEMS

Aptean has acquired one of the oldest companies in the mid-market ERP space, Open Systems. Terms were not disclosed.

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NETSUITE RESETS ACCOUNTANTS PROGRAM

Oracle NetSuite has launched a new accountants’ program, SuiteAccountants. Designed to bring the software company’s offerings for firms under one umbrella, the program is also part of an effort to emphasize serving small and mid-size businesses.

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