You either die a hero, or you live long enough to see yourself become a legacy enterprise software holding company https://t.co/GwfVdaObaB
— Chris Anderson (@chr1sa) October 5, 2020
.@NEC to buy Swiss #banking software developer #Avaloq for $2.2bn:
— Urs Bolt | ti&m ?? (@UrsBolt) October 5, 2020
The Japanese electronics giant #NEC will purchase Swiss #corebanking tech company @Avaloq for 2.05bn Swiss francs ($2.2bn) to drive growth in sector.@NikkeiAsia: https://t.co/WITa2KusRT #DigitalBanking pic.twitter.com/Vxsbz4925t
The Japanese electronics giant NEC acquires @Avaloq the Swiss #banking #fintech vendor@UrsBolt @SusanneChishti @FTPartners @cgledhill @Visible_Bankinghttps://t.co/7mIomKv1ig
— Dr Efi Pylarinou (@efipm) October 5, 2020
NEC Said to Near Purchase
— Spiros Margaris (@SpirosMargaris) October 5, 2020
of #Avaloq From Founder, Warburg Pincus https://t.co/cuXBlxD54V #fintech @JanFoe @business @DNair5 @UrsBolt @efipm @NeiraOsci @DavidBundiRisk @andi_staub @FintechCH pic.twitter.com/KZqB9yS55A
?? ICYMI $USDCHF & $EURCHF
— Anthony Barton (@ABartonMacro) October 4, 2020
NEC is near a deal to buy Swiss banking software provider Avaloq Group AG in a transaction that values the firm at about CHF2bn in one of the biggest fintech deals this year, according to people familiar with the matter - BBGhttps://t.co/K5k1BWAfv1