Tech Daily Report

US private equity firm wants to take over Software AG

  • 📰 TheRegister
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 61%

Technology Technology Headlines News

Technology Technology Latest News,Technology Technology Headlines

US private equity firm wants to take over Euro software stalwart Software AG

Private equity investor Silver Lake has tabled a bid to take over Software AG, a longstanding stalwart of the European software industry, for an implied value of around €2.2 billion.

It was launched and is still based in Germany and trades on the Frankfurt Stock Exchange. Notable customers include leading UK retailer Tesco, European aerospace manufacturer Airbus, the United States Army, Australia Post, and German industrial giant Siemens.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 67. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Software company Smoove set to join London stock market exodusA producer of software for estate agents and conveyancers has received a string of takeover approaches which could result in its delisting from the AIM market, Sky News understands.
Source: SkyNews - 🏆 35. / 67 Read more »