I assume other growth areas include Sage X3 and Acumatica and NetSuite. The transition is effective March 1 when DSD will handle all support and sales inquiries for channel members who have purchased Extended Solutions from SWK. SWK will continue to sell the products and maintenance renewals, with SWK providing front-line support. SWK has done a great deal of refining of its business segments in the last year. It purchased three reselling operations, but also sold its Beer Run craft brewing software to Paid Inc. for $134,000 in cash in October. One indication of a growth area was this month's award of the Fast Start Award of the Year for the Americas to SWK by Acumatica.
SWK SELLS SAGE EXTENDED APPS Featured
SWK Technologies has sold its Sage 100 Extended Solution to DSD Business Systems. Both DSD and SWK had updated and maintained the catalogue since its release by Sage. SWK CEO Jeff Roth explained the decision in a prepared statement, saying that while the products are valuable to customers, "the time and effort required to support these solutions and the focus that SWK has on other growth areas demanded that we seek a trusted partner to maintain and support these applications for our customers and other Sage business partners."
