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SWK SPELLS OUT M&A RESULTS
- Thursday, 31 March 2016
SilverSun Technology gave us an unusual look into financial results in the small reseller world. That came as the company, parent to Livingston, N.J.-based reseller, SWK Technology, reported results for the year ended December 31. This included a snapshot of the contributions from five acquired operations—ESC Software, picked up in 2014, and Accounting Technologies Resources, The Macabe Associates, Oates & Co. and ProductiveTech purchased last year.
M&A PUSHES SWK RESULTS
- Wednesday, 30 March 2016
Four acquisitions last year pushed results of SWK Technologies higher for the year ended December 31. The impact of the deals was spelled out in the financial results of SWK'S parent, SilverSun Technologies, which were reported to the SEC this week. All of SilverSun's operations are through SWK. Net income for 2015 was $374,305, an increase of 94 percent from $192,901, the prior year. Revenue of $27.6 million last year was up 28.8 percent from $21.6 million in 2014.
MICROSOFT HAPPY WITH ENVISION
- Thursday, 24 March 2016
Microsoft is happy with the attendance for its upcoming Envision conference and expects from 6,000 to 6,500 people. These numbers were provided in a recent conference call with the channel by Duncan Garside, head of experiential marketing for Microsoft. Garside said new registrations were averaging 150 to 200 per day mid month. It looks like sometime in the last month, Microsoft tilted the conference back more towards the Convergence model.
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