Australian-listed, New Zealand-based accounting software company Xero has acquired Canadian cloud bookkeeping solution provider Hubdoc in a deal valued at US$70 million.
New Zealand-based cloud accounting company Xero is increasing its focus on financial services and collaboration on innovation and data share standards as part of its latest global growth strategy.
Listed cloud accounting company Xero (ASX:XRO) has boosted subscription revenue to just under NZ$90 million for the 2015 half year to the end of September.
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