Urban FT Acquires iParse
- 7 years 4 months ago
- M&A Deals
Urban FT, Inc. today announced it has completed the acquisition of iParse LLC, an Oregon-based tech firm and holder of a number of mobile banking-related patents. Terms of the deal between the two privately held companies were not disclosed. iParse will operate as a separate unit of Urban FT, and, except for the iParse founders, who are retiring, current staff will continue working for the expanded company.
Worldline to Acquire Digital River World Payments
- 7 years 4 months ago
- M&A Deals
Worldline [Euronext: WLN], a European leader in the payments and transactional services industry, today announces it has entered into a definitive agreement to acquire 100 percent of the share capital of Digital River World Payments (DRWP), a leading online global payment service provider from Digital River, Inc., a leading global provider of Commerce-as-a-Service solutions.
Profile Software Acquires Treasury Management Outfit Login
- 7 years 4 months ago
- M&A Deals
Profile Software, the leading financial solutions provider, announced today the acquisition of Login SA, an international Treasury specialized provider.
Euronext Acquires 60% of iBabs Stake
- 7 years 4 months ago
- M&A Deals
Euronext announces today the closing of the acquisition of a 60% stake in iBabs, a leading Dutch provider of dematerialised board portal solutions for corporates and public organisations , for a consideration of €30.1 million.
Workday Appoints Gonzalo Benedit as president, EMEA and AP
- 7 years 4 months ago
- M&A Deals
We are pleased to announce the appointment of Gonzalo Benedit as Workday’s new president of EMEA and APJ. Gonzalo has taken on overall responsibility for Workday’s continued growth and success across the EMEA and APJ regions and has succeeded Chano Fernandez, who was recently appointed executive vice president, global field operations.
Connect Managed Services Acquires PC-1 to Create £26 million Multi-Platform Contact Centre and Managed Services Powerhouse
- 7 years 4 months ago
- M&A Deals
Connect Managed Services (Connect) today announced the acquisition, for an undisclosed sum, of PC-1, a specialist contact centre solutions provider with specific expertise in Genesys and Cisco technologies. PC-1 brings an impressive customer base which includes companies such as Vodafone, NSPCC and Northumbrian Water. The newly combined entity creates a £26 million multi-platform global technology powerhouse, supporting well over 100 blue chip... more
SimCorp Acquires APL Italian for EUR35 Million
- 7 years 4 months ago
- M&A Deals
Today, SimCorp has signed an agreement to acquire all shares in APL Italiana S.p.A. (APL Italiana) for a total enterprise value of EUR 35m. This includes EUR 10m in SimCorp shares. The purchasing price will be adjusted upwards, with estimated EUR 3m upon closing of the agreement. APL Italiana is a leading provider of investment and portfolio management software for the Italian insurance market. The company is based in Milan and has... more
Vela to Buy OptionsCity Software
- 7 years 5 months ago
- M&A Deals
Vela Trading Technologies LLC (Vela), a global leader in high performance trading and market data technology, has entered into a definitive agreement to acquire OptionsCity Software, a global provider of futures and options trading and analytics solutions.
i2c Assigns Jean Douchey from First Data to Lead Global Operations
- 7 years 5 months ago
- M&A Deals
i2c, a global provider of smarter payments and integrated commerce solutions, today announced that it has appointed Jean Douchey as senior vice president of operations. Ms. Douchey will oversee global operations, including contact centers, fraud, disputes, and third-party partner relationships, and will be responsible for ensuring the effective delivery of high-quality services for i2c customers. Ms. Douchey will report directly to Chief... more
Avaloq completes transaction with Warburg Pincus to accelerate growth
- 7 years 5 months ago
- M&A Deals
Avaloq, an international fintech company and a leader in integrated and comprehensive banking solutions, announces that it has completed its transaction whereby global private equity firm Warburg Pincus acquires a 35% stake in the group.Under the partnership announced on 22 March 2017, Avaloq will be able to capitalise on Warburg Pincus’ expertise and network in the financial services and fintech sectors to accelerate the company’s long-term... more
Misys and D+H to create the world’s third largest Fintech company, Finastra
- 7 years 5 months ago
- Transaction Banking, Banking, M&A Deals
Today Misys and D+H have joined forces to create a diversified global financial software provider, unmatched in terms of depth and breadth of solutions. Operating under the new company name Finastra (www.finastra.com), the combination will create the third largest financial services technology company in the world. The company has approximately 10,000 employees and over 9,000 customers across 130 countries, including 48 of the top 50 banks... more
Datcom Rewards Alex with Internal Promotion
- 7 years 5 months ago
- M&A Deals
Lincolnshire-based IT specialist Datcom has rewarded one of its members of staff with an internal promotion. Alex Middleton has been promoted from IT engineer to account manager after joining the company less than two years ago.
Rand Merchant Investment Holdings and Nedbank Acquire Stakes in Entersekt
- 7 years 5 months ago
- M&A Deals
Rand Merchant Investment Holdings (JSE:RMI) through AlphaCode, RMI’s innovation hub for fintech entrepreneurs and Nedbank Private Equity (NPE) through its private equity investment vehicle, BoE Private Equity Investments, have each acquired minority shareholdings in Entersekt in a multi-million dollar transaction.
Telstra Acquires UK-based Technology Services Provider Company85
- 7 years 5 months ago
- M&A Deals
Telstra today announced it had acquired Company85, a UK-based technology services business and leading provider of data centre, workspace, cloud, security and network services. Christopher Smith, Telstra’s Executive Director of Business Technology Services, said the acquisition was aligned to Telstra’s strategy to grow its technology services business internationally and would significantly enhance Telstra’s service offering for UK and European... more
TBG Completes Acquisition of DTN a Leading Provider of Digital Information Services and Decision Support Solutions
- 7 years 5 months ago
- M&A Deals
With the completion of TBG's acquisition of DTN from Schneider Electric SE for a total consideration of $900 million, TBG plans to fully reinstate the powerhouse DTN brand that has been known and trusted since 1984, and focus on growing the business in both the domestic and international markets.