The recent purchase of a Microsoft reseller by a company from Iceland must have raised a few eyebrows in the accounting software channel.
The land of fire and ice isn't known yet as the Silicon Glacier. But maybe we'll be hearing more from Iceland-based Kogun hf because its purchase of Santa Monica, Calif.-based SCS is surely only a beginning. There's not much to gain by the acquisition of a company that had revenue of $7.4 million in 2004 if that's the only thing Kogun plans for the United States.
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