News and Analysis (15713)
VITALYST BOOSTS ALITHYA IN U.S.
- Thursday, 11 August 2022
- News and Analysis
- Written by BobWScott
The acquisition of Vitalyst boosted the revenue of Alithya for the first quarter ended June 30 by 44.3 percent. That company, purchased early in 2022, helped the Dynamics and Oracle reseller to overall revenue of $126.8 million for the most recently ended period, up 23.3 percent from $102.9 million a year earlier.
INSIGHT BUYS BI/ANALYTICS VENDOR
- Thursday, 11 August 2022
- News and Analysis
- Written by BobWScott
Insightsoftware this week has acquired Dundas Data Visualization, which is based in Toronto, Ont. Dundas provides what is called a business intelligence, analytics, and data visualization platform.
REPAY UPPING ERP INVESTMENTS
- Thursday, 11 August 2022
- News and Analysis
- Written by BobWScott
Repay is increasing its investment with ERP companies that integrate with its payments software, executives said this week. The comments came as they reported results for the second quarter ended June 30.
NETSUITE VAR ABACI ACQUIRED
- Wednesday, 10 August 2022
- News and Analysis
- Written by BobWScott
Abaci, a NetSuite reseller, has been acquired by private-equity firm, Accordion. No terms were disclosed.
PAYA BOOSTS MARKETNG SPEND
- Wednesday, 10 August 2022
- News and Analysis
- Written by BobWScott
Payments vendor Paya grew its marketing push for the second quarter ended June 30. That helped cut into the company’s net income, which dropped 47.8 percent to $1.6 million, compared to $3.2 million in last year’s corresponding period.
CLOUD SUBS DRIVE VERTEX 2Q
- Tuesday, 09 August 2022
- News and Analysis
- Written by BobWScott
Indirect tax software vendor Vertex reported revenue of $119.3 million for the second quarter ended June 30, a 13.7-percent increase from $104.9 million a year ago. Cloud revenue drove results with subscription revenue increasing to 40 percent of the total from 36 percent of the total a year ago.
SPANISH COMPANY MERGING INTO CEGID
- Tuesday, 09 August 2022
- News and Analysis
- Written by BobWScott
00:03:35
France-based ERP vendor Cegid has agreed to combine with Grupo Primavera. The deal is pictured as giving Cegid a strong presence in the Iberian peninsula and enhancing opportunities to expand on Latin America.
SYSPRO USA HIRING CHANNEL VP
- Tuesday, 09 August 2022
- News and Analysis
- Written by BobWScott
Syspro USA is hiring a channel VP for the United States. The word is hiring, not seeking candidates, as the online ads show applications are no longer being accepted.
GRYPHON BUYS ROOTSTOCK
- Monday, 08 August 2022
- News and Analysis
- Written by BobWScott
Private equity firm Gryphon Investors has acquired Rootstock Software. Terms of the deal were not announced.
VISTA BUYING AVALARA FOR $8.3B
- Monday, 08 August 2022
- News and Analysis
- Written by BobWScott
Vista Equity Partners is acquiring indirect tax specialist Avalara for $8.3 billion Vista has agreed to pay $93.50 per share in an all-cash deal. The deal, expected to close in the second half of 2022, represents a 27-percent premium over the closing price of shares on July 6.
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