BobWScott

BobWScott

IFS REVENUE UP 16 PERCENT FOR HALF

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.

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VERTEX IPO TO BE $296M TO $338M

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.

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AVALARA OFFERS CROSS-BORDER SYSTEM

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.

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