BobWScott

BobWScott

XERO SUBS RISE 17 PERCENT IN NA

The number of Xero subscribers in North America rose 17 percent to 251,000 for the first half ended September 30. The cloud software company this week also reported North American revenue reached about $20.8 million a 4-percent increase, a rise of 2 percent in constant currencies.

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INSIGHT BUYING IDL GROUP

 Insightsoftware has agreed to buy the IDL Group, which specializes in consolidating multi-source, financial data. Terms were not disclosed.

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COLUMBUS RESULTS SINK

Just to show how things are going in Columbus’ operations in North America, cloud revenue did not grow for the third quarter ended September 30. This is at a time when cloud software vendors have been reporting double-digit revenue increases.

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