Microsoft Adds More Vertical Infrastructure to Its SMB Product FamilyBy Channel Insider Staff | Print
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The Redmond company has acquired public-sector accounting software that it plans to integrate into its 'industry enabling layer' of technologies.Microsoft announced Tuesday morning that it has purchased accounting products from reseller partner Encore Business Solutions and is adding them to its Microsoft Business Solutions (MBS) stable.
The terms of the deal were not disclosed. Microsoft purchased Encore's non-profit accounting software, as well as its inter-company payables management and requisition modules. MBS already resells these Encore products via an OEM agreement with Encore. Microsoft purchased Encore's intellectual property only; Encore will continue to operate as an independent company, Microsoft officials said.
MBS plans to make the Encore modules part of its Great Plains 8.0 suite, which is due to launch this July, Microsoft officials said.