MEDIUMVulnerability
Global
Temenos acquires additiv to strengthen its wealth proposition
·Source: Finextra
Updated:
Executive Summary
Temenos AG (SIX: TEMN), a global leader in banking technology, today announced that it has entered into a definitive agreement to acquire additiv AG (“additiv”), a Switzerland-based fintech company that provides a specialist platform to orchestrate financial services (the “Transaction”).
Analysis
Temenos AG (SIX: TEMN), a global leader in banking technology, today announced that it has entered into a definitive agreement to acquire additiv AG (“additiv”), a Switzerland-based fintech company that provides a specialist platform to orchestrate financial services (the “Transaction”).