News and Analysis

News and Analysis (15673)

CONSOLIDATION OVER THE DECADE

The Microsoft Dynamics community website reminds us that it’s been 10 years since Microsoft purchased Great Plains, taking a place that was routinely on the 100 Best Places to Work list and turning it into something that can only see that list from afar. With Infor Global going after Lawson Software and Epicor and Activant getting nailed together to form one company, it’s a good time to think about what hasn’t happened in that 10 years. The mid-market business hasn’t turned out to be the $10 billion business Microsoft thought it was getting. And while we have fewer companies, there aren’t fewer product lines. Read more...

MICROSOFT VAR FRANCHISING DEAD

Andrew LeviThe possibility that the Microsoft channel would be re-organized through a handful of franchisors dealing with many of the smaller resellers has died.  The phrase one reseller used was “It’s dead. Dead. Dead.” Plans had been publicly discussed by Interdyn, a consortium of Dynamics resellers, with the effort led by Interdyn Socius CEO Jeff Geisler and Interdyn AKA owners Alan Kahn and Jack Ades. Aztec Systems of Houston was also considering building a franchise organization Read more...

SERERRA, INTACCT; NO, UH … NO. YES

Vijay SahaTwo issues ago, this newsletter reported that the Sererra Consulting Group, a reseller based in Irvine, Calif., was carrying multiple cloud products, including Intacct. That was followed last week by a report from Intacct VP Taylor Macdonald that Sererra wasn’t an Intacct reseller, even though its website seemed to state it was. Then a couple of days later in an interview, Sererra CEO and founder Vijay Saha, said Sererra was an Intacct reseller, which was followed the next day by an announcement that Sererra had indeed signed with Intacct. In any event, Sererra is a SaaS specialist that also carries NetSuite, SAP’s Business ByDesign and Salesforce.com. Read more...

FULLSCOPE EMBEZZLEMENT COSTS $1.1M

Embezzlement by a former Fullscope employee, which was discovered shortly after its purchase by Edgewater Technology on Dec. 31, 2009, has cost the company about $1.1 million.  Those costs were outlined in the form 10-K that Edgewater, filed with the SEC last month. That includes $261,000 in professional services such as forensic audit and legal costs. There was a $116,000-write-off of embezzled accounts receivables balances and $950,000 to establish an accrual for estimated pre-acquisition sales-and-use tax exposure. Read more...

RSM MCGLADREY NAMES TECH LEADER

Jonathan CaforioRSM McGladrey has named Jonathan Caforio as national leader, technology services. In that role, Caforio, who will be based in Chicago, is responsible for structuring, organizing and leading the firm’s technology services practice. Before joining McGladrey, Caforio was a partner at Accenture where he worked from November 1994 until taking the new position this month.

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EXACT ENGAGE: THE SOUND OF SILENCE

Exact logoUser conferences are usually a time for vendors to brag, tout and shout out their messages about new products, services, or whatever they think is notable. Not so with Exact, the software company that markets Macola, Synergy and Globe. The company’s user conference, Exact Engage, wrapped up on Tuesday afternoon in Orlando with a box lunch, a fact that is more than anyone has learned about what happened there. Read more...

CONVERGENCE VS. SAPPHIRE

So I can’t justify going to Sapphire, SAP’s big user conference in May. But I am going to Convergence in Atlanta tomorrow to make sure I hit the Randy and Andy party.  The real event starts on Sunday with a reception at the Georgia Aquarium. (I think aquariums must be on the agenda planner’s list. I’ve been at conference events at the following: Baltimore, 2x; New Orleans, 2x, Chicago, 1x, Boston 1x Georgia 1x). Read more...

DELTEK BUYS GOV BIZ

Deltek logoDeltek rambled along the acquisition trail with the pickup for Washington Management Group, which owned FedSources and FedSources Consulting, for $26 million in cash. The acquired operation had an estimated $15 million in revenue for the year ended March 31. This is another Deltek purchase that is aimed at cornering more market intelligence, along with consulting services for government contractors. WMG and its ops help identify and validate more than 3,500 government business opportunities. Read more...

MAINTENANCE LIFTS COLUMBUS IT

Columbus IT Partner, the Dynamics reseller based in Copenhagen, returned to profitability in 2010 with net income of roughly $2.6 million, compared to a loss of $3.4 million for 2009.  Revenue rose to about $167.9 million for the most recently ended year, up 4 percent from 2009 when calculated in Danish krone. North American EBITDA was about $2.1 million for 2010, compared to a loss of about $387,000. Read more...

EPICOR, ACTIVANT A $2-BILLION DEAL

George KlausEpicor Software has agreed to a buyout offer from private-equity firm Apax Partners. The deal is valued at roughly $976 million based on a $12.50 per share price. Epicor will be combined with another ERP company, Activant, that Apax is also buying with Epicor remaining as the surviving name. The combined company will have about $825 million in annual revenue And Apax says the combined purchase price is about $2 billion. Activant, a public reporting company but not publicly traded, is controlled by investment funds affiliated with Hellman & Friedman, Thoma Bravo and JMI Equity.

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