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INSIGHTSOFTWARE ACQUIRES BIZNET  Featured

Insightsoftware, which makes financial reporting software, has acquired Dallas,Texas-based BizNet Software. Terms were not disclosed. BizNet markets Excel-based reporting applications, both as a standalone product, and one that connects with many financial software packages. 

It makes versions of its BizNet Connector for AccountMate, Deltek Vision, Dynamics GP and SL, Sage 100 and 500, Syspro, SAP Business One. The company was founded by its CEO George McMann. Insightsoftware markets applications for the higher-end market, including Infor, J.D. Edwards, Lawson, Dynamics, Oracle and PeopleSoft. Insight has been on the M&A road—in October it purchased Excel4apps, which makes Excel-based reporting software for Oracle E-Business Suite and SAP and in December it picked up CXO Software, which makes web-based performance reporting platforms.

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