SWK Technologies has signed letters of intent to acquire Oates & Co., based in Greensboro, N.C., and The Macabe Associates, based in Seattle, Wash. Both are Sage and Acumatica resellers. SWK, a subsidiary of publicly held SilverSun Technologies, expects Oates to bring it about $2.4 million in annual revenue with Macabe to chip in another $1 million. As one observer noted, "It would be interesting to see how many independent Sage partners with $1 million to $3 million in revenues are left."