Financial software maker SS&C to buy Intralinks in deal valued at $1.5 billion

Image
Reuters
Last Updated : Sep 06 2018 | 7:45 PM IST

(Reuters) - Financial services software provider SS&C Technologies Holdings Inc said on Thursday it would buy peer Intralinks Holdings Inc from affiliates of Siris Capital Group LCC in a deal valued at $1.5 billion.

SS&C will pay $1 billion in cash and $500 million in SS&C stock for Intralinks.

The transaction is expected to close in the fourth quarter.

(Reporting by Diptendu Lahiri in Bengaluru; Editing by Sriraj Kalluvila)

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 06 2018 | 7:37 PM IST

Next Story