PARIS: Axway announced that on May 31, 2024 it has signed an agreement to acquire most of Sopra Banking Software’s activities, representing, on a stand-alone basis, revenue of €359m. Axway’s Board of Directors approved the signing of the purchase agreement on the basis of a review by an independent expert (Cabinet Finexsi, whose report is…
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Axway in talks to buy most of Sopra Banking Software for €330m
Axway, a global software company, announced today that it has entered into exclusive discussions to acquire most of the activities of Sopra Banking Software (SBS), a subsidiary of Sopra Steria Group and a provider of banking and financial software. The deal, valued at €330m, would create a new enterprise software house with critical scale, able…