Revenue for IFS, the sister company to Acumatica, rose by 25 percent to about $179.8 million for the first quarter ended March 31. That was 22 percent in constant currency.

Microsoft does not break out revenue for Dynamics. But with the release of the financial results for the third quarter ended March 31 the company again provided information that lets the amount be calculated.

Quisitive hopes to make another channel acquisition in the second half of this year or first half of 2021. The company, which purchased Corporate Resource Group in June and Menlo Technologies in January, discussed those plans in this week’s earnings call for results for the year ended December 31.