WEX Inc. (NYSE:WEX), a leading provider of corporate payment solutions, today announced it has entered into a definitive agreement to acquire Electronic Funds Source LLC ("EFS") for a total consideration of approximately $1.1 billion in cash and 4.0 million shares of common stock to be issued to investment funds affiliated with Warburg Pincus, EFS' current owner. The acquisition is expected to be immediately accretive to adjusted net income.
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Microsemi Corporation (Nasdaq: MSCC), a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, today announced that it submitted an offer to acquire PMC-Sierra, Inc (Nasdaq:
In a rare session for Sibos 2015, having almost no mention of blockchain, leading technologists from three of the world’s largest banks shared their views on the transformative effect of digital technologies on the business of banking.
Mobile Journeys from Esendex can help banks overcome the customer service challenges they face following the tumultuous few years the financial sector has experienced.
Nobody disputes that it’s tough to succeed in today’s retail banking industry. Some would argue that only a magic bullet could transform the fortunes of ‘traditional’ banking in the post-Google and Amazon world. If such a bullet existed, what would be included in its list of superpowers?
Vocalcom, a leading contact centre and cloud solutions provider, has announced that it will be offering free three-month subscriptions for its Cloud Contact Centre solution during their participation at this year’s edition of GITEX Technology Week, the largest information and communications technology (ICT) event in the Middle East, Africa and South Asia, which will be held from October 18 to 22, 2015 at the Dubai World Trade Centre (DWTC).
Eze Castle Integration, a leading provider of strategic IT solutions and private cloud services to hedge funds and the investment industry, today announced it has expanded its cloud-based voice solution, Eze Voice, to the United Kingdom. Eze Castle Integration's optimised communications system enables mobility and increases efficiencies for the hedge fund and alternative investment verticals.
Orc, a global market leader in electronic trading technology, today announced that Cidron Delfi S.à r.l*, the owner of Orc Group Holding AB and CameronTec Intressenter Holding AB, the global standard in financial messaging infrastructure and tools for the capital markets industry, intends to combine both companies under a new entity.
Orc (sto:ORC), the global market leader in electronic trading technology for listed derivatives, today announced a partnership with OneMarketData, LLC, to make OneMarketData’s flagship OneTick product an integral component of Orc’s Trading Bricks and Execution Bricks platforms.