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EPICOR STOPS PUBLIC REPORTING

EpicorEpicor Software will no longer report its financial results to the Securities and Exchange Commission. The company filed a suspension of its duty to file reports this month. So there goes another view into what's happening in the mid-market. Epicor had continued reporting since 2011 when the publicly held company formerly known as Epicor combined with Activant Solutions and went private after both were purchased by Apax Partners.

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MICROSOFT ADDING DATACENTERS

Bob Stutz, Microsoft Microsoft plans to expand datacenters internationally to support its online services. Locally hosted centers include Toronto and Quebec City, Canada, expected to open by mid-2016. The software company said those will host Azure and Office 365, Dynamics CRM Online. Dynamics CRM Online will be available from India datacenters by the first half of next year with Office 365 and a preview of Azure available in that country next month. The company is also expanding operations in the Netherlands to provide more computing power.

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QAD SUBS COUNTER DOLLAR

 Karl Lopker, QADA 52-percent rise in subscription revenue countered currency impact that dented both maintenance and professional services revenue for QAD for the first quarter ended April 30. Subscription revenue rose to $9.4 million for the most recently ended period, compared to $6.2 million a year earlier. Maintenance revenue fell by 8 percent to $33.3 million with the weaker dollar chopping $2.7 million off that income source. Professional services revenue was $19.6 million with a $1.8-million increase in constant currencies offset by an equal impact of currency.

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