January 2005
Bank Technology News;Jan2005, Vol. 18 Issue 1, p12
Trade Publication
The article presents information about top technology deals in the financial services industry. Oracle signed an agreement to buy PeopleSoft for $10.3 billion in cash, ending a long and controversial acquisition battle. Fitch Group will acquire Algorithmics, a provider of solutions and strategies for enterprise risk management, for $175 million. VeriFone, an electronicpayments company, agreed to acquire the Go Software subsidiary Return On Investment for $15 million. Of that purchase price, $13 million will be in cash and $2 million will be contingent on future performance.


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