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New Deal


Announced

Objectway to acquire Die Software Peter Fitzon.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Majority

Pending

software development

Acquisition

Single Bidder

Germany

Cross Border

Friendly

Software

Synopsis

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Objectway, which develops and markets financial software solutions, agreed to acquire Die Software Peter Fitzon, a software company in Ebersberg, Germany. Financial terms were not disclosed. “Die Software-team has done a fantastic job in developing a world-class banking platform with a loyal client base. Objectway places great importance on continuing to develop and evolve core banking platforms of its customers and to build long-term commercial relationships" Luigi Marciano, Objectway Founder and CEO.

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