Explore All 1200 Divestiture Information Technology Deals - Search the Database Free
M&A Deal Summary |
|
|---|---|
| Date | September 12, 2019 |
| Target | Globacom Technologies - Investrack Business |
| Sector | Information Technology |
| Buyer(s) | SS&C Technologies |
| Sellers(s) | Globacom Technologies |
| Deal Type | Divestiture |
FILTER BY
| Category | Company |
|---|---|
| Founded | 1986 |
| Sector | Software |
| Employees | 26,800 |
| Revenue | 5.9B USD (2024) |
SS&C Technologies is a software provider to the global financial services industry with a broad range of highly specialized software, software enabled-services and software as a service (SaaS) solutions for information management, analysis, trading, accounting, reporting and compliance. SS&C Technologies was founded in 1986 and is based in Windsor, Connecticut.
| Deal Context for Buyer | # |
|---|---|
| Overall | 36 of 52 |
| Sector: Information Technology | 7 of 10 |
| Type: Divestiture | 8 of 13 |
| Country: United Arab Emirates | 1 of 1 |
| Year: 2019 | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-07-01 |
GBST
Brisbane, Australia GBST is a specialist financial technology company that provides administration and transaction processing software for retail wealth management organizations and global and regional investment banks. GBST was founded in 1984 and is based in Brisbane, Australia. |
Buy | AU$221M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-09-25 |
International Business Machines - Algorithmics Assets
Armonk, New York, United States International Business Machines Corp. - Algorithmics Assets provides major risk analytic products and services for the financial services industry worldwide. Algorithmics’ solutions deliver the risk analytics clients need to address the impact of business and regulatory changes; including X-Value Adjustment (xVA), Fundamental Review of the Trading Book (FRTB), Standardized Approach for Counterparty Credit Risk (SA-CCR), Current Expected Credit Losses (CECL) and Targeted Review of Internal Models (TRIM). Algorithmics’ cloud-based technology will integrate within SS&C’s platform and add micro-services. |
Buy | - |
Globacom Technologies LLC is a provider of digital customer engagement solutions that serve enterprises worldwide. Globacom brings specialized expertise in investment management, regulatory, power & utilities, and government sectors, where intuitive technology solutions are critical to business success.
| Deal Context for Seller | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Information Technology | 1 of 1 |
| Type: Divestiture | 1 of 1 |
| Country: United Arab Emirates | 1 of 1 |
| Year: 2019 | 1 of 1 |
