Since Qurius reported revenue of about $97.6 million for 2011, that sale price is pretty ugly. Qurius began shopping itself after it reported poor results in Germany for the March quarter. This week's press release more pointedly said the deal was needed "to address the immediate and substantial liquidity problem that is the direct consequence of the serious setback in Germany and the reluctant market in the Netherlands which Qurius reported on 29 June 2012." Ouch. The problem in Germany was so bad that during the first quarter the company dumped its director there and brought in management from the Netherlands. Early in 2011, Prodware bought about 10 percent of Qurius' shares and had also picked up Qurius' operations in Belgium and Spain. Qurius had struggled even before the debt crisis soured the European economy and the troubles emerged not long after it was named Microsoft Worldwide Partner of the Year for 2007. Three years ago, it suspended payment on its debts, then resumed them after selling off a non-Dynamics subsidiary and also closed its office in Denmark. It got new capital in 2010 but never quite turned the company around.