KASEYA ACQUIRES OBJACCT ACCOUNTING

KaseyaKaseya, which has made its name in IT systems management, has acquired most of the assets of ObjAcct Inc., which makes the ObjAcct XML Accounting Suite. ObjAcct was founded by Solomon and SaaS veteran Lee Mellinger, who has joined Kaseya as SVP of the Financials Division. The accounting suite will be integrated into Kaseya's systems and service management platform, which Kaseya said would make it easy for IT professionals to capture and monetize costs associated with the delivery of IT services.

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