SilverSun Technologies, parent of reseller SWK Technologies, has declared a special cash dividend. The amount is six cents per share to holders of record on January 15. But for an organization that a few years ago looked very tenuous, this is a pretty remarkable development. "We believe this special one-time cash dividend—the first in our Company's history—is an appropriate way to reward our shareholders for their support," SilverSun CEO Mark Meller said in a prepared statement.
Fine Solutions, a Lynwood, Wash.-based Dynamics reseller, has acquired BestTechsSW a Dynamics GP VAR based in Issaquah, Wash. Mike LaBrie, former partner of the purchased company, has joined the Fine Solutions Project Delivery Team. Fine Solutions, headed by CEO Dan Fine, said the deal brings its staff to 35, expected to reach 50 in two years. (And there are so many deals this week I am running out of headline words for "buys".)
Earlier this month, I just missed Rich Spring, Sage North America's EVP and chief revenue officer, who was talking to someone at the Information Technology Alliance conference. He darted away before I could talk to him. No need now as the Spring era has ended. Spring, who joined the company in April, has left with Sage thanking him for his time. CFO Marc Scheipe, who is serving as interim president of Sage North America, will take over his duties until a replacement is found.
I saw a man standing at a checkout counter at a local supermarket, with a beautiful picture mounted on a placard hung around his neck and the word "Life Magazine" on another placard balanced on his head. "Who's that guy?" I asked the lady at the checkout. "Oh, you've heard of him." "No, I haven't." "Of course, you have. That's Art." "Art who?" "Art imitating Life." ... On the updated $10,000 Pyramid—A group of people ambling about aimlessly.
When discussing results for the year ended September 30, Stephen Kelly, CEO of the Sage Group, said almost 40 percent of the company's top 100 employees had been replaced. That shuffling continues as Sage's focus on operating as a global company—not country-by-country—is being shown by the continued appointment of staffers to global positions. Among those elevated in December was Sally Swoboda, who had been senior business analyst for X3, and who became global distribution product manager for the manufacturing package.