Blog
BANK TECHNOLOGY AND SOFTWARE M&A
There have been several recent software mergers and acquisitions in the bank technology segment. The largest by far was Misys’ announced merger with Temenos Group, a provider of banking software systems to a diverse array of financial institutions, for approximately $2 billion. However, just today, Temenos was granted an additional four weeks by a UK… View Article
RETAILERS ARE BUILDING THEIR OWN DIGITAL MARKETING DIVISIONS
As we noted in our Online and Mobile Industry M&A press release, large retailers are becoming increasingly active in digital marketing. We mentioned Walmart’s acquisition of Kosmix Corporation, a social media company, for $300 million. Kosmix is now part of @WalmartLabs, the retailer’s social and mobile commerce platform. In early January, @WalmartLabs acquired Small Society, a company that… View Article
WEALTH MANAGEMENT M&A
There were two similar deals last week relating to wealth management in the capital markets space. SEI Investments announced its acquisition of select assets from NorthStar Systems. With a greater level of front-office automation now in place, this transaction will allow the investment processing company to strengthen its portfolio of business outsourcing solutions. SEI… View Article
SOFTWARE M&A IN THE MOBILE APP SEGMENT
It has been almost a month since Twitter acquired Summify, the creator of a social news app. Summify’s mobile app scans people’s news feeds, aggregating the content most relevant to individual users as real-time news spreads through social networking sites. The unique summaries are based on several factors, including how often someone’s followers on Twitter shared… View Article
REVENUE CYCLE MANAGEMENT M&A
A few days ago, Medical Transcription Billing Corporation announced its acquisition of United Physicians Management Services. This transaction follows several recent deals in the revenue cycle management space. Back in January, MedData, a medical billing services provider, announced its acquisition of MedDirect, a revenue cycle management company. Meanwhile, some similar deals in February include Recondo Technology’s acquisition of… View Article