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Reckon Ltd Extends Cloud Capability

Wednesday, 9 Oct 2013 09:39pm EDT 

Reckon Limited announced that the acquisition of two pieces of technology as part of its stated objective to continuously extend the capability of its current desktop and hosted suite as well as to advance its range of cloud solutions. In the first transaction Reckon has acquired a product known as SyncDirect. In a second strategically related transaction, the Company has acquired a version of the current desktop version of the Xcede Professional Accounting module (XPA) report writer for professional accountants which can also be deployed in the cloud. Reckon Limited paid $2 million dollars for the two acquisitions. 

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