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Digital Asset Software Cos. Combine

Handshake blueThe software companies that market digital asset management software have come together with the purchase of Tactic by Taxbit. Terms were not disclosed.

Tactic will augment TaxBit's existing Corporate Accounting Suite (CAS), with complete integration of Tactic's software and team with TaxBit taking take place over the next few months. In a prepared statement, TaxBit CEO Austin Woodward said his company has historically focused on focused on top-of-market Enterprises. The deal was driven by TaxBit’s perception that businesses of all sizes need such software. TaxBit, which has offices in Salt Lake City, San Francisco, Seattle, New York and Washington D.C., has raised more $235 million.

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