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back to article Bye, bye Brazil: Sage takes a multi-million dollar bath as it slips out of Latin America

Brit accountancy software maker Sage is offloading its Brazilian operation to local management. Sage, which grew to dominate the traditional market for small business accounting software, has entered into an agreement for the sale. “This divestiture is part of Sage's strategy to focus on subscription software solutions that …

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  1. Claverhouse Silver badge
    Pirate

    Bye, bye Brazil: Sage takes a multi-million dollar bath as it slips out of Latin America

    This is nuts.

    2 0 Reply
    1. robidy
      Reply Icon

      Definitely tastes more herbie to me...

      1 0 Reply
  2. Sloppy Crapmonster

    Cloud...

    We're running Sage 100c.

    "c" stands for Cloud.

    Cloud stands for "pay us a subscription for new icons on your on-premises software".

    It's not (directly) my checkbook, so I don't suppose I care too much.

    6 0 Reply
    1. Anonymous Coward
      Reply Icon
      Anonymous Coward

      Re: Cloud...

      cloud as in cuckoo land.

      We had to "upgrade" to cloud due to MTD requirements.

      Last week Sage told us they were increasing monthly subs by 20% due to technology "investment"

      If only there was a workable alternative...

      0 0 Reply
  3. Anonymous Coward
    Anonymous Coward

    Megabuyte

    Had to check if this name was real. it is. Yuck.

    2 0 Reply

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