End of the line for Microsoft Office Accounting
Published: 02 Nov 2009 09:06 GMT
Microsoft said on Friday that it plans next month to stop distributing its Office Accounting product line, ending the latest in a series of efforts to take on market leader Intuit.
The accounting product line was launched in 2005 amid some fanfare, but failed to grab much market share and was later pulled from retail shelves in favour of online-only sales.
"We continually evaluate our business strategies to make sure we're working to meet the needs of customers, partners and shareholders," Microsoft said on its website. "With that in mind, we have determined that existing free templates within Office used with Excel was a better option for small businesses, and the Microsoft Dynamics ERP products were appropriate for mid-range organisations."
For more on this story, see Microsoft killing off Office Accounting product on CNET News.
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