Xero acquires Toronto data capture platform Hubdoc
Accounting software company Xero has acquired Canadian startup Hubdoc for an initial fee of US$60 million ($80.87 million) that consists of 35 percent cash and 65 percent in Xero stock.
Accounting software company Xero has acquired Canadian startup Hubdoc for an initial fee of US$60 million ($80.87 million) that consists of 35 percent cash and 65 percent in Xero stock.
Rod Drury has stepped down as CEO of Xero, with the company’s board announcing Steve Vamos will be taking on the role on April 1.