News and Analysis

News and Analysis (10542)

CEGID BUYING T&E BIZ NOTILUS

Cegid, which makes retail and HR software, has agreed to buy Notilus, which makes T&E applications, from French Software vendor Dimo Software. Terms were not disclosed.

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DEROSA LEAVING ACCOUNTMATE

 DeRosa DonnaDonna DeRosa, VP of marketing, is retiring from her position at AccountMate soon after more than 20 years with the company.

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QBE REVS UP ABOUT 20 PERCENT

 QuickBooks Desktop Enterprise revenue grew about 20 percent for the third quarter ended April 30, Intuit said this month. The latest report  appears to show significant growth in QBE from prior quarters that has been accelerating.

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DELTEK TO BUY REPLICON

Deltek intends to buy Replicon, whose portfolio includes time-tracking and PSA applications. Terms were not announced.

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QUISITIVE’S CLOUD REVS DROP

Cloud revenue for Canada-based reseller Quisitive Technologies declined by 5.6 percent for the first quarter ended March 31. The company said the drop stemmed from weaker demand for professional services.

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XERO AMERICAN REVS. OUTPACED SUBS

Revenue growth for Xero’s North American operation outstripped subscriber growth for this continent for the year ended March 31. Subscribers increased 13 percent year-over-
year.

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NET AT WORK FIRST RIPPLING VAR

 Net at Work said this month it has become the first reseller Rippling. The New York-based VAR will be offering Rippling’s platform of HR, IT and finance applications.

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EPICOR’S GROW TAKES CENTER STAGE

Epicor’s Grow platform was literally and figuratively in the spotlight at this week’s Insights conference. “We will be able to pull in formation from anywhere,” Lisa Pope, Epicor’s president said during the conference in describing Grow's capabilities.

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SAGE N. AM. REVS UP 28 PERCENT

Sage’s North American revenue rose 28 percent to about $601 million for the first half ended March 31. Recurring revenue rose to roughly $581.3 million, an increase of 31 percent year-over-year. O

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COLUMBUS U.S. BIZ UP 10.3 PERCENT

The American business of Denmark-based reseller Columbus registered its best performance in more than two years for the first quarter ended March 31.

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