Australian small business (SMB) accounting software startup Karbon sees opportunity in the failed merger of industry leaders MYOB and Reckon, according to The Australian Financial Review (AFR) reports Monday (June 18). Karbon announced a $5.19 million fundraising led by Blackbird Ventures, and with the funds, the...
Competition regulators in Australia may have thrown a wrench in MYOB’s planned takeover of Reckon. Reports in ZDNet on Thursday (March 29) said the Australian Competition and Consumer Commission (ACCC) raised concerns about the merger of the two small business accounting companies in its preliminary...
The Australian Competition and Consumer Commission (ACCC) will probe small business (SMB) accounting company MYOB’s acquisition of Reckon, according to CRN reports Monday (Jan. 15). MYOB announced news last November it plans to acquire half of Reckon, which provides management software for accountants, in a deal...
Reckon, an Australia-based small business (SMB) accounting company, has reportedly sold off key assets to industry peer MYOB. According to news from The Australian Financial Review on Thursday (Nov. 16), Reckon Chief Executive Clive Rabie described the company’s sale of its accounting practice software unit to...
