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SBS BUYS AZTEC DYNAMICS BIZ

Aztec SystemsThe SBS Group has acquired the Dynamics practice of Aztec Systems, a Dallas, Texas-based reseller. It's not surprising as Aztec, which was once a significant player, had largely disappeared from public view. An SBS press release says has Aztec had more than 200 Dynamics customers and six offices in Texas and Oklahoma. The Aztec website shows the VAR carries Dynamics GP and NAV. It also handles (or handled) Sage 100. In its VAR Stars submission in the fall of 2013, it claimed 45 employees and $14 million revenue.  That year, Aztec, founded in 1991, and Toutatis, a Brazilian company, merged to form TAS.

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XERO CEO: EXECUTING WELL IN U.S

Rod Drury, Xero On the heels of hitting its lowest stock price in three years recently, Xero CEO Rod Drury cheerily told a radio interviewer that the company is executing well in the U.S. The stock hit $13 per share early this month, down from its all time high of $45 (New Zealand) in March 2014. Drury told RadioLive interviewer Andrew Patterson on September 6 the company will get to well over the $100 million U.S. when the year ends March 31. That's the threshold viewed as necessary for an American IPO.

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YEAR-END CHANGE CHOPS INFOR NUMBERS

Charles Phillips, InforA change in Infor's financial year end soured results for the company's first quarter ended July 31. This is the first quarter to be reported after the software company changed its fiscal year ended from May 31 to April 30 for fiscal 2015. In a recent earnings webcast, CEO Charles Phillips noted the transition helped in the year ago first quarter which ended up with two quarter-ending months, when business normally surges as "customers negotiate to the last hours of a quarter." The year-ago quarter included the previously reported  May 30, 2014 year end, and the new July 31 year-end.

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