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Deals that transformed Philly's tech scene in 2021

Vertex Inc.

The Philadelphia Inquirer

Vertex Inc., the King of Prussia state and foreign tax software company that also went public last year, has also been piling on acquisitions, adding Ireland-based digital tax and transaction software maker Taxamo, SAP-oriented tax software maker LCR-Dixon Corp. and “edge computing” specialist Tellutax over the course of the year. Shares have lately traded below last year’s IPO price.

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Explore Our Acquisition of Edge Computing Company Tellutax

“We believe Tellutax edge technology will extend our leadership in the enterprise market and accelerate our ecosystem expansion into next generation payment and IoT platforms,” said Vertex president and CEO David DeStefano. 

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Tax technology for the world