Vertex is paying resellers 25-percent commission on sales for the life of those clients that sign up for the Vertex SMB sales tax application. The company, which had been a quiet player in the market until recently, is busy recruiting a channel and aims to use a pay-as-you-go model with no upfront cost to reach small and mid-market businesses. “We are looking at the partners and VAR community as a our primary distribution channel, looking to pay them recurring revenue in perpetuity as clients come board,” says Bradd Wildstein, director of channel sales. The company had previously announced the signing of McGladrey and Cargas Systems.
Exact Holdings has said it has been approached by parties that want to buy all outstanding shares of the ERP software company that is based in Delft, The Netherlands. The company said the prices offered range between 30 to 35 euros per share. The company says it is in engaged in preliminary discussions. There’s not much more that we are likely to learn from Exact until something does, or officially doesn’t happen, with any of the bids. But given the continuing activity of private equity firms, it’s not surprising.
NetSuite has acquired Venda, a London, England-based company that markets e-commerce products. Terms were not disclosed. Venda offers the Convergent Commerce Platform as a comprehensive ecommerce platform enabling retailers and brands to deliver a unified experience across online, mobile, social and in-store. Venda’s products can handle multi-lingual and multi-currency needs and the company says it “combines flexibility, reliability and scalability with the operating advantages of an outsourced service.”
On heels of the purchase of HighJump Software by Accellos, the surviving company, now called HighJump, has bought United Kingdom-based-Atlas Products International. Atlas markets EDI and e-invoicing products. The U.K. company’s system is built on the Atlas Exchange, a secure document exchange that provides what is described as a “connect-once, access-all” network for retailers, manufacturers, suppliers and logistics service providers. Terms were not disclosed.