Ameri100 and Lone Star Value Investors, which are bidding for Edgewater Technology, this week spelled out the timeline in talks between the companies. In documents filed with the SEC, the investor group outlined their approaches to the software company in what has become a hostile takeover attempt. The documents reports  that Lone Star managing partner Jeff Eberwein had a telephone conversation with Edgewater CFO Timothy Oakes on June 11.

RSM (until recently known as McGladrey) has ballooned as a presence in the Dynamics AX market with the purchase of Junction Solutions. The deal  adds $50 million to the $174 million in annual revenue reported by the accounting firm's IT consulting business. "This one really gives us a huge uplift in capacity," says Steve Ems, RSM principal and national business applications leader about the week's announcement of the purchase.

The switch to the cloud and the emphasis on Sage X3 has cut into revenue of SWK Technologies. The reseller's parent, SilverSun Technologies, reported this week a sharp drop in product revenue and net income for the third quarter ended September 30. Net income for the most recently ended period was $16,464, down sharply from $248,165 a year ago. Revenue rose to $7.2 million, an increase of 18.3 percent from slightly more than $6.1 million in last year's corresponding period.