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SGH | June 30, 2022
SMART Global Holdings, Inc. (“SGH” or the “Company”) (Nasdaq: SGH) today announced that it has entered into a definitive agreement with affiliates of Siris Capital Group, LLC, to acquire Stratus Technologies (“Stratus”), a global leader in simplified, protected, and autonomous computing solutions in the data center and at the Edge. Under the terms of the agreement, SGH will pay $225 million in cash at closing and an earn-out payment of up to $50 million, based...
PAYMENTS
Emburse | June 17, 2021
Emburse has launched its Emburse Pay - B2B Payments integrated payables product, which allows workforces to oversee and monitor the invoice approval and payment workflow from start to end. In the release, Rajeev Subramanyam, general manager of Emburse Pay, said, "Our Emburse Pay suite of solutions was developed to streamline what has traditionally been a time-consuming and wasteful process - manually reconciling corporate payments." “In B2B Payments, we'...
Finastra | February 26, 2020
Finastra today announced the launch of four new retail banking apps on FusionStore, the firm's app marketplace. Built during Finastra's first appathon in North America, at the tail end of last year, the apps – which provide innovative saving, spending control and personal finance management services – use open APIs, accessible via the FusionFabric. cloud development platform. Flybits – a contextual customer engagement platform for banking, delivering 1:1 personalization...
Wells Fargo | January 14, 2020
The S&P 500 eased from record levels on Tuesday, as technology stocks handed back gains made on hopes of a preliminary U.S.-China trade deal and Wells Fargo slid in a mixed start to big banks’ quarterly earnings. Kicking off the fourth-quarter earnings season, the largest U.S. bank, JPMorgan Chase & Co (JPM.N), rose 2.3% after reporting a better-than-expected profit on strength in its trading and underwriting businesses, keeping the blue-chip Dow index in the positive territory. We...
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