Announced
Financials
Sources
Tags
United States
Majority
Single Bidder
Pending
Vidado data
Private
Software
Acquisition
Friendly
Synopsis
SS&C Technologies, a provider of services and software for the financial services and healthcare industries, agreed to acquire Captricity, the maker of Vidado data transformation platform. Financial terms were not disclosed. "The financial and healthcare industries are challenged by the abundance of manual paper-based transactions, often including significant amounts of handwritten data. The addition of Vidado and Captricity's team will complement SS&C's business process outsourcing services and our AWD business process management solution," Bill Stone, SS&C Chairman and CEO.
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