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SS&C to Buy Advent Software for $2.7B

February 2, 2015 by Eugene Grygo

SS&C Technologies is purchasing Advent Software for approximately $2.7 billion in cash to widen SS&C’s offerings of software technology and services, say SS&C officials. The transaction equates to $44.25 per share plus assumption of debt, both companies announced on Monday, Feb. 2. The acquisition will take place via a definitive agreement that will see SS&C,… Read More >>

Filed Under: Mergers & Acquisitions, Industry News Tagged With: Advent, cloud computing, investment software, SS&C

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