February 2008
FundTech – What analysts said before the acquisition of Accountis
OK, as the title suggests, I thought of capturing the analyst sentiment of FundTech before the acquisition of Accountis. So without further ado, here is a snapshot of analysis from three firms in Jan 2008: D A Davidson & Co BUY. Price on 9th Jan $10.60. Price Targets: 12 to 18 months $18, 5 year […]
The role played by this blog in FundTech’s acquisition of Accountis
Whilst I cannot take any credit for the deal between FundTech and Accountis, I feel exhilarated at the service this blog provided in above acquisition. Here are some clues: OB10 #8 – Ready to be acquired! James Governor # 1 – Learning from a Pro I actually thought there was a blog post giving more […]
Breaking News: FundTech Acquires Accountis
Acquisition further expands Fundtech’s product suite in the corporate banking financial supply chain JERSEY CITY, N.J., Feb 07, 2008 (BUSINESS WIRE) — Fundtech Ltd. (NASDAQ: FNDT), a market leader in global corporate banking solutions, today announced the acquisition of Accountis Ltd. of Bangor, Wales, a leading supplier of electronic invoice presentment and payment (EIPP) systems. […]
OB10 – Get ready for some real global competition
Up to now, the e-invoicing market has been dominated by OB10 due to their global expansion strategy, but this is soon to be threatened by a new M&A deal between two players I have come to respect. I cannot go into detail at present without breaching confidentiality agreement, but I consider this as a monumental […]