News and Analysis

News and Analysis (10602)

NET AT WORK NABS INVESTMENT

 Reseller Net a Work has received a growth investment from a private equity firm. The size of the funding from Lovell Minnick Partners was not disclosed.

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CHERRY BEKAERT BUYS CORDIA

Accounting firm Cherry Bekaert has acquired Cordia Partners, whose services include software reselling, and Cordia Resources. Terms were not disclosed.

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ALITHYA SITES ORACLE BIZ IN AUSTIN

Reseller has opened an office in Austin, Texas, as a new base of operations for its Oracle practice.

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TANGICLOUD OUTLINES USER GROWTH

 Tangicloud Technologies said it ended fiscal 2023 with more than 100 nonprofit organizations as customers.

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ACUMATICA NAMES FIRST CIO

Acumatica has named Jeff Smits as its first Chief Information Officer.

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NETSUITE REVS KEEP ON JUMPING

Oracle’s NetSuite revenue rose by 21 percent for the first quarter year-over-year to $700,000, also up 21 percent in constant currency. This marks the latest in a string of reporting periods in which NetSuite’s year-over-year increases have been above 20 percent.

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SOVOS HIRES TWO EXECS

Indirect-tax vendor Sovos has hired to individuals for two newly created executive jobs. The new positions, announced this month, are president of revenue and chief transformation officer.

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SILVERSUN, RHODIUM CAN WOO OTHERS

The proposed merger of SilverSun Technologies, parent of reseller, SWK Technologies, and bitminer, Rhodium has opened the door for the companies to see other partners. Other new provisions of the merger agreement add barriers to completing the merger.

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AVALARA DEBUTING PARTNER EVENT


 Avalara will hold a new partner conference, Fuse, on November 14 through 16. The sales-tax software company is also expected to detail a new partner program at the event in Boca Raton, Fla., at The Boca Raton resort.

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INSIGHT BUYS VIZLIB

 Insightsoftware has acquired Vizlib, a company based in the United Kingdom. Vizlib makes applications for data visualization extensions for QlikSense from Qlik Technologies.

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