News and Analysis (15671)
REPAY STILL ON ACQUISITION PATH
- Tuesday, 28 July 2020
- News and Analysis
- Written by BobWScott
Repay Holdings, which owns APS Payments, has acquired cPlus. The deal is valued at $16 million with half paid at closing and the other half based on performance.
SOVOS BUYS UNCLAIMED PROPERTY IP
- Tuesday, 28 July 2020
- News and Analysis
- Written by BobWScott
Sovos has acquired Keane’s unclaimed property consulting services and reporting technology. Terms were not disclosed.
SAGE 3Q REV GROWTH 1.1 PERCENT
- Friday, 24 July 2020
- News and Analysis
- Written by BobWScott
Sage’s revenue for the third quarter slumped to about $574.1 million for the third quarter ended June 30, an increase of 1.1 percent from last year’s corresponding period. That stemmed from a slowdown in new customer acquisition, the company said in this week’s trading update.
SAGE JUNKS AFFILIATE PROGRAM
- Thursday, 23 July 2020
- News and Analysis
- Written by BobWScott
Sage is dropping the affiliate program that was set up in April 2019 to help smaller resellers. Affiliates have until October 21 to revert to their way of doing business before they were encouraged to align with six larger VARs that Sage called Advocates and the program the Advocate Partner Benefit.
INSIGHTSOFTWARE ACQUIRES EVENT1
- Thursday, 23 July 2020
- News and Analysis
- Written by BobWScott
Insightsoftware has acquired Event 1 Software. Insightsoftware said this week Event 1, based in Vancouver, Wash., has more than 2,700 customers and an emphasis on construction and real estate.
DYNAMICS REVS TOP $3 BILLION FOR FY '20
- Thursday, 23 July 2020
- News and Analysis
- Written by BobWScott
Dynamics revenue passed $3 billion for the year ended June 30, the company said this week. It is part of an occasional look Microsoft gives into the size of the Dynamics market, this time coming from CFO Amy Hood during the week’s earnings webcast.
IFS REVENUE UP 16 PERCENT FOR HALF
- Wednesday, 22 July 2020
- News and Analysis
- Written by BobWScott
IFS, the sister to Acumatica, this week reported revenue of $360 million for the first half ended June 30. That was a 16-percent year-over-year increase, 15 percent in constant currency for the Sweden-based company.
VERTEX IPO TO BE $296M TO $338M
- Tuesday, 21 July 2020
- News and Analysis
- Written by BobWScott
Vertex, which had previously filed forms for an initial public offering, is selling 21,150,000 shares of its Class A common stock. The company expect an offering price from $14 to $16 per share.
AVALARA OFFERS CROSS-BORDER SYSTEM
- Tuesday, 21 July 2020
- News and Analysis
- Written by BobWScott
Avalara has introduced a system to handle taxation of goods delivered to other countries. Avalara’s cross-border offering is comprised by Avalara AvaTax Cross-Border and Avalara Item Classification.
PRODWARE REVS DIVE 14.5% IN 2Q
- Monday, 20 July 2020
- News and Analysis
- Written by BobWScott
Revenue for Sage and Dynamics reseller Prodware, dropped 14.5 percent to about $50.2 million revenue for the second quarter ended June 30. That came as the COVID-19 pandemic kept customers of the France-based company from accessing some customer sites for several weeks.
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