The deal follows the acquisition of Dutch Twinfield by Wolters Kluwer Tax & Accounting. Twinfield, which employs 75 people, markets software for accountants and finance professionals in small and medium-sized companies in the Netherlands, the United Kingdom and Scandinavia. Based in the Netherlands, Twinfield has branches in England and the Ukraine.
In fact, the acquired company's own web page gives an ambitious description of its product line: "Twinfield Online Accounting is suitable for every type of business - from independent entrepreneurs through to international companies."
Twinfield Online Accounting has three flavors: Basic, SMB and Complete Accounting. Pricing starts at £15.50 and rises to £52.00 per month for the complete edition. Twinfield also offers a Shared View subscription at £7.00 per month and an Invoicing subscription at £15.50 per month.
Earlier this month, Thomson acquired Manatron International, which is headquartered in Silver Spring, Md., but which has offices in Kiev, the Ukraine. and Cochabamba, Bolivia. Manatron provides software and services that enable governments to assess real and personal property and to bill and collect property taxes.
In May, Thomsont bought Masteraf, a Brazilian company whose products include e-invoicing software that facilitates digital registration and approval of invoices under Brazilian reporting regulations; and LegisCenter, an online information portal for tax rates and rules.