Deltek returned to profitability in the fourth quarter ended December 31. And it had record product revenue for the year. However, a decline in consulting revenue held down total income for the last three months of 2011. The Herndon, Va.-based company reported net income of just over $3 million for the most recently ended quarter, compared to a year-ago loss of $7.9 million. Fourth-quarter revenue was $87.4 million, an increase of 1.4 percent from $86.1 million in last year’s corresponding quarter. Read more...

The SBS Group, one of three Microsoft Master VARs, has signed 5280 Consulting as a member of its Partner Network. There are three Master VARs signing up smaller shops that sell Microsoft Dynamics. But for the last few months, SBS is the only one making noise. In this case, Denver-area-based 5280 is now part of the SBS Desert Mountain Region and has been selling Dynamics SL for more than eight years. The firm works in distribution, manufacturing, construction and professional services and also develops custom applications around SL. Gabriel Araujo, who leads 5280, is now managing director of SBS Group Denver. Read more...