Mergers and acquisitions

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/Mergers and acquisitions

Tibco acquires data virtualisation business from Cisco

TIBCO Software Inc., a global leader in integration, API management, and analytics, today announced it has entered into an agreement to acquire Cisco’s Data Virtualisation business (formerly Composite Software), specifically Cisco Information Server, a market-leading solution that powers enterprise-scale data virtualisation, and associated consulting and support services.

/Mergers and acquisitions

Investoo Group moves into portfolio management world through RoboAdvisors.com acquisition

Leading FX affiliate firm Investoo Group is pleased to announce its latest acquisition in the retail investment space. The acquisition of RoboAdvisors.com marks the company’s expansion into the Portfolio Management industry.

/Mergers and acquisitions

Broadridge buys Summit Financial Disclosure

Broadridge Financial Solutions, Inc. (NYSE:BR) has acquired Summit Financial Disclosure, LLC, a full-service financial document management solutions provider.

/Mergers and acquisitions

Sampo to take 19.9% stake in Saxo Bank

Shareholders of Saxo Bank Group (“Saxo”), a leading multi-asset trading and financial-technology firm, have received an offer from Sampo Group, a leading Nordic financial services group, to take up a stake of 19.9 percent of the bank.

/Mergers and acquisitions

Nasdaq ponders sale of public relations and digital media units

Nasdaq, Inc. (Nasdaq:NDAQ) announced today that it has commenced a process to evaluate potential strategic alternatives for the Public Relations Solutions and Digital Media Services units within its Corporate Solutions business.

/Mergers and acquisitions

Luxoft to set up new wealth management tech practice upon acquisition of Unafortis

Luxoft Holding, Inc. (NYSE:LXFT), a leading provider of software development services and innovative IT solutions to a global client base, today announced that it has acquired UNAFORTIS, a Swiss-based wealth management consultancy specializing in Avaloq implementations and business consulting anchored in IT services.

/Mergers and acquisitions

Deutsche Börse aims for growth in data services with Trifacta stake

Deutsche Börse has acquired a minority stake in analytical data firm Trifacta as part of a push to drive growth in its data services business.

/Mergers and acquisitions

Calligo acquires Luxembourg's PSF

Calligo, a leading global cloud solution provider, today announces that it has purchased AMS Systems PSF, a highly respected Luxembourg based IT Services business that provides managed services and cloud infrastructure to the financial services sector.

/Mergers and acquisitions

Nets confirms $5.3 billion takeover offer

Nordic payments processor Nets has received a $5.3 billion takeover offer from US private equity firm Hellman & Friedman.

/Mergers and acquisitions

UK competition body approves Cardtronics' acquisition of DCPayments

Cardtronics plc (Nasdaq:CATM), the world's largest ATM owner / operator, today announced the United Kingdom's Competition and Markets Authority (CMA) has approved the company's previously completed acquisition of the DirectCash Payments Inc. (DCPayments) UK operations.

/Mergers and acquisitions

SIX Payments prepares to join M&A deal frenzy

SIX Group has reportedly hired JPMorgan to run the rule over its payments services unit as it looks to capitalise on the M&A deal frenzy in the payments processing market.

/Mergers and acquisitions

ItzCash parent Ebix acquires Paul Merchants International Remittance biz

Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, e-governance and healthcare industries, today announced that it has entered into an agreement to acquire the Money Transfer Service Scheme (MTSS) Business of Paul Merchants Limited (BSE: PML) also referred to as PML or Paul Merchants hereinafter, for $40.7 million approx. through its Indian affiliate.

/Mergers and acquisitions

Fifth Third takes stake in NRT and Sightline Payments

Fifth Third Bancorp (NASDAQ: FITB) announced today a strategic relationship and equity investment with NRT Technology Corp. (NRT) and Sightline Payments.

/Mergers and acquisitions

QuantHouse acquires Victory Networks

QuantHouse, the independent global provider of end-to-end high-performance market data and trading through API based technologies, today announced that the company has entered into a definitive Asset Purchase Agreement with Victory Networks inc, the provider of high-speed networks.

/Mergers and acquisitions

Core banking provider Ohpen acquires Fynn Advice

Core banking provider Ohpen has announced its acquisition of FYNN Advice, an implementation consulting company that advises financial institutions on the implementation of core banking systems.

/Mergers and acquisitions

Raisin acquires PBF Solutions to enter UK market

European financial deposit marketplace Raisin has made its first acquisition, Manchester-based PBF Solutions, as it prepares to enter the UK savings market.

/Mergers and acquisitions

Vistra to acquire corporate services business from Deutsche Bank

Vistra, a leading global corporate service provider, announced today that it has entered into a definitive agreement to acquire the Corporate Services business of Deutsche Bank’s Global Transaction Banking division.

/Mergers and acquisitions

Investoo Group acquires SocialTradingGuru.com

Investoo Group, one of the world’s biggest FX and financial affiliates, has acquired the leading social trading comparison site SocialTradingGuru.com for an undisclosed fee.

/Mergers and acquisitions

BNP Paribas buys majority stake in robo-advisor Gambit

BNP Paribas has made a move into the robo-advisory sector, buying a majority stake in Belgian specialist Gambit Financial Solutions. Terms of the deal were not disclosed.

/Mergers and acquisitions

Nordic Capital acquires fund distribution platform MFEX

Nordic Capital Fund VIII “Nordic Capital” and MFEX management has signed an agreement to acquire the majority of the shares in MFEX­­, a leading European B2B open architecture fund distribution platform.