Archive for Merger, Acquisition, Funding
With this acquisition, HighJump further expands its global footprint in the market for trading partner connectivity and omni-channel enablement. Mid 2014 Highjump acquired Atlas International.Read More
Leading purchase-to-payment solution provider secures investment from Monterro 1 as company targets expansion into new markets and further business growthRead More
Merchantry is a so-called 'Product information Management (PIM)' provider. Merchantry helps large organizations successfully grow their e-commerce businesses by building, scaling and streamlining online marketplaces.Read More
With Fundtech D+H will now service eight of the top 10, and 32 of the world's top 50 banks, along with about 190 of the top 300 U.S. banks. Fundtech holds some 1,500 employees and 19 offices globally.Read More
Lexmark International has agreed to buy Kofax for a value of $1 billion. According to Lexmark, the combination will provide cost savings of at least $40 million, and opportunities to increase revenue through product improvements and cross-selling.Read More
Tungsten’s workflow product integrates seamlessly with the JD Edwards Accounts Payable software that Royal Caribbean currently uses: reducing the time it takes to process invoices, cutting costs associated with invoice processing, and improving visibility on its spend with suppliers.Read More
Medius is selling its Microsoft Dynamics ERP consulting business, Medius Dynamics AB, to Danish IT group EG in order to put a sharper focus on its objective to be the leader in cloud-based AP invoice automation.Read More
Taulia has collected an additional $15 million bringing its total capital raised to $85 million. This fundings comes only 4 months after its second funding worth $40 million. It illustrates the success of the Taulia formula and its team.Read More
A recent research paper by Deloitte showed that the number of acquisitions financed by non-bank lenders reached a record high in Q3 of 2014, as debt funds sit on EUR 50 billion of committed capital. And they plan to raise another EUR 1 billion the next twelve months.Read More
We earlier already mentioned that Tungsten was in the process of buying Docusphere. Tungsen now announced that is has successfully completed its acquisition of DocuSphere in September 2014.
This deal significantly extends Tungsten’s goal to help companies streamline their AP, adhere to tax and regulatory compliance, and have greater transparency of the entire invoice-to-pay process.