Friday, Oct 01 2010
News and Analysis
It's been a while since one of these (fill in the blank) wants to acquire Sage news items. This time, SAP is the rumored suitor. I have no idea if this rumor is any more valid than the series we've seen over the years, but there it is. Sometimes I think every time some investors think their Sage stock is a little too low, they start a rumor that someone is going to buy Sage.
I wouldn't think SAP, which is really hot about online applications right now, would want to pick up a whole corral full of on-premise packages. But it started me thinking about the most valuable assets Sage has, besides a good channel. And those are its low-end products, the more than 2 million Act users and however many thousands of Peachtree users there are, along with the low-end packages in other countries. For any company trying to break into the downstream part of the SMB market, that would be a good incentive and might be more strategically valuable than the midmarket software packages. It would be a good time for Sage to sell. It is changing CEOs and the fiscal year ended yesterday. But again, we've been down this road several times before and Sage is still here.
Last modified on Sunday, 16 June 2013
Bob Scott has been informing and entertaining the mid-market financial software community with his email newsletters for 10 years. And he has been covering this market through print publications for 18 years, first as technology editor of Accounting Today and then as the Editor of Accounting Technology from 1997 through 2009. He has covered the traditional tax and accounting profession during the same time and continues to address that as executive editor of the Progressive Accountant.