Announced

Completed

Gresham Technologies completed the acquisition of Electra Information Systems for $39m.

Synopsis

Gresham Technologies, a software services company providing real-time transaction control and enterprise data integrity solutions, completed the acquisition of Electra Information Systems, a provider of post-trade operations workflow solutions and services, for $39m. “Our shared vision, and the combination of the two firm’s people, technology and international network will accelerate our long-term growth and the achievement of our value creation strategy. Aligned with our mission to create a global financial technology business delivering digital integrity, agility, and confidence to financial markets, we want our customers to have access to innovative and domain rich, cloud-based automation solutions," Ian Manocha, Gresham CEO.

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