Business Standard

Financial software maker SS&C to buy Intralinks in deal valued at $1.5 billion

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Reuters

(Reuters) - Financial services software provider SS&C Technologies Holdings Inc said on Thursday it would buy peer Intralinks Holdings Inc from affiliates of Siris Capital Group LCC in a deal valued at $1.5 billion.

SS&C will pay $1 billion in cash and $500 million in SS&C stock for Intralinks.

The transaction is expected to close in the fourth quarter.

(Reporting by Diptendu Lahiri in Bengaluru; Editing by Sriraj Kalluvila)

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First Published: Sep 06 2018 | 7:37 PM IST

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