The Oslo, Norway-based company said annual recurring revenue reached approximately $2.7 billion, SaaS revenue represent 76 percent of the total, an increase of four percentage points. Visma continued to vacuum up other software companies, purchasing nine during the quarter, which means it now operates in 33 countries. It entered Italy in April when it acquired Fiscozen and moved in Croatia in June, buying Moj eRačun. It also purchased MyCompanyFiles, its third acquisition in France this year.
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VISMA REVS JUMP 21 PERCENT Featured
Revenue for ERP vendor Visma reached about $762.9 million for the second quarter ended June 30, a year-over-year increase of 21 percent.
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