Thomson Reuters has entered the tax and accounting market in India through the acquisition of Fast Facts. Fast Facts, based in Mumbai, produces tax software and claims about 10,000 professionals and small firms as users. Users also include Big Four accounting firms, banks and multinational corporations. Read more...

Armanino Consulting had very strong year in 2011 as the organization's revenue rose by 62 percent over 2010 results. The financial software vendor cited organic growth along with acquisitions and strengthening of some product lines as factors behind the $28.7 million in revenue last year, a significant jump from $17.2 million in 2010.

CCH has named Teresa Mackintosh, a long-time executive at Thomson Reuters, as its EVP and General Manager of Tax. Mackintosh will report to CCH president Mike Sabbatis. She fills a vacancy left when Joe Bergera, a Sage executive, left the new spot after short tenure for what he had described as a dream job.