Technology Fortnightly – Cognizant to acquire Tin Roof Software
31 Aug, 2020
In this edition, we discuss about Cognizant's acquisition of Tin Roof Software. On August 25, 2020, Cognizant announced that it had entered into an agreement to acquire Tin Roof Software, a privately-held custom software and digital product development services company. The transaction is expected to close in the second half of 2020. Financial details were not disclosed.
Technology Fortnightly – Intercontinental Exchange to acquire Ellie Mae
15 Aug, 2020
In this edition, we discuss about Intercontinental Exchange's announcement to acquire Ellie Mae, the leading cloud-based platform provider for the mortgage finance industry. The deal with Ellie Mae, a portfolio company of Thoma Bravo, values the company at $11.0bn. The acquisition is expected to be accretive to adjusted EPS of Intercontinental Exchange in the first year of full ownership.
Sign up for The Chesapeake Group's publication of the Technology Services Fortnightly. It provides an overview of recent transactions and public valuations in the information technology services space. In addition, it also covers major developments and articles conveying our view of the digital world.