| Socius Buys the Dynamics Biz of CBiz |
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| Written by The Progressive Accountant | |||
| Tuesday, 09 March 2010 04:49 | |||
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CBiz had been honored often by Microsoft. According to Socius, CBiz Technologies had been named to the Dynamics Inner Circle 10 times and the Dynamics President's Club 13 times annually since 1992. Socius itself has won the top Microsoft awards and has been notable as the only reseller in the country to be named both to the Microsoft Inner Circle and to the Sage President's Circle and has accomplished that for three consecutive years. There is no indication of the size of the Dynamics operations under CBiz. Its technology business was comprised by three companies. Besides CBiz Technologies, it also had CBiz Network Solutions and a smaller operation whose services included VoIP. The three together had almost $14 million in annual revenue. For 2009, Socius had about $25 million in revenue. | |||
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About the Author: Brett Owens is CEO and Co-Founder of Chrometa, a Sacramento, Calif.-based provider of software that records activity in real time. Previously marketed to the legal community, Chrometa is branching out to accounting prospects; gains include the ability to discover previously undocumented billable time, save time on billing reconciliation and improve personal productivity. Brett is also blogger and founder at CommodityBullMarket.com and ContraryInvesting.com, as well as a regular contributor to two leading financial media sites, SeekingAlpha.com and BeforeItsNews.com. |