SWK Technologies has purchased ProductiveTech, a managed service provider based in Westfield, N.J. While terms were not disclosed, SWK's parent, SilverSun Technologies, said the acquired company would add $1.7 million in annualized revenue, $930,000 of that recurring subscription revenue. The deal is expected to close in the current quarter. Founded in 1984, by president John McPoyle, PTI serves Southern New Jersey, Eastern Pennsylvania, and Northern Delaware.
A lot of pundits are debating the impact of Sage's launch of Life, the all-in-one cloud product, that is based on the SalesForce1 platform. I should say, going to be based on that platform as the evidence is it is not a real product yet. Let us remember that Salesforce is a minority investor (but I remember it as a big chunk) in FinancialForce.com, a cloud-based financial system The majority owner is Unit4. FinancialForce.com is also based on the Salesforce1 platform.
The debate over who has the closest connection to Microsoft isn't new. In this round, is NetSuite's endorsement of Microsoft's Azure's versus Acumatica's support of the OData standard in order to support Power BI. NetSuite CEO Zach Nelson was invited to meet with Microsoft CEO Satya Nadella. Acumatica was invited to present a content package for Power BI at the Microsoft Build conference on April 30.
Unit4 has signed ERP Connex to resell its Unit4 Business World Enterprise Resource Planning line (formerly called Agresso). A Gold Oracle partner, ERP Connex, based in Montreal, Quebec, will also provide consulting services in Eastern Canada. The channel program is a new one for the Netherlands based software company, which said in a prepared statement the deal "is the result of Unit4's efforts to build a strong partner ecosystem across North America and expand its professional services capacity globally."