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The financial services software company announced that it will acquire Intralinks, a global banking and dealmaking startup, for $1.5b from Siris Capital Group affiliates. The $1b cash, $500m stock deal is expected to close at the end of Q4 this year.
"Intralinks brings a wealth of expertise and a leadership position in the data sharing and collaboration technology space," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "Intralinks and SS&C share many of the industry's largest customers and together we are well-positioned to meet the needs of major banks, alternative funds and other corporations seeking to automate document-centric, collaborative workflows."
https://www.marketwatch.com/press-release/ssc-to-acquire-intralinks-2018-09-06
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