Epicor has acquired KBMax, which markets Configure Price Quote and visualization software. Terms were not disclosed.

George Papayiannis, one of three co-founders of Vena Solutions, will leave the job of chief technology officer he has held since April 2011.  Papayiannis will continue in the position until a successor is found.

Intuit revealed limits for its target market for QuickBooks Online Advanced this week. CEO Sasan Goodarzi ruled out multi-billion dollar companies and the professional services market during this week’s webcast for the release of financial results for the third quarter ended April 30.