News and Analysis

News and Analysis (15661)

WRITE-OFF TRIGGERS REPAY LOSS

An $75.8 million impairment loss for goodwill led Repay to a $110.5 million net loss for the year ended December 31, compared to net income of $12.8 million for 2022. 

Read more...

SAGE MAKES VAR AWARDS

Sage presented awards for its top resellers and ISVs at its Transform conference, now underway in Las Vegas with the group selected as its Platinum channel members. 

Read more...

BT PARTNERS TOP SYSPRO

Business Technology Partners of Deerfield, Ill., has been named the Top Producing Partner by Syspro Americas for 2023.

Read more...

QBE 2Q REVS ABOVE $128M?

 Revenue for QuickBooks Enterprise for Intuit’s second quarter ended January 31 appears to have been for than $128 million, based on statements made during this week’s earnings call.

Read more...

PRODWARE REVENUE DOUBLES

 Acquisitions pushed revenue for France-based reseller ProdWare up 102.1 percent for the year ended December 31. Pro forma annual revenue for the Dynamics VAR “approaches” 700 million euro (approximately $747 million), the company said in a press release.

Read more...

SAP PICKS AI EXEC

SAP has named Philipp Herzog to the newly created role chief artificial intelligence officer.

Read more...

ALTA VISTA, DIGITEK MERGE

 Alta Vista Technology is merging with Digitek Solutions are merging effective March 1, with Alta Vista as the surviving company.  As both are portfolio companies of Evergreen Services Group it leads to the question of the future of Evergreen companies, Alliance Solutions Group, Strategic information Group, Third Wave Business Systems.

Read more...

PROCORE’S ENTERPRISE BIZ GROWS

 Enterprise-level customers represent an increasing part of the business of Procore Technologies, CEO Tooey Courtemanche said during the company’s recent webcast for earnings for the year ended December 31.

Read more...

CRESTWOOD PICKS CEO

Crestwood Associates, which is based in Park Ridge, Ill., was named Jason Sheaffer as CEO.

Read more...

B’BAUD TOUTS LONGER SUBS

Blackbaud says this week its move to three-year contracts for its software is highly successful.

Read more...

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.