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IN BRIEF: Gresham Technologies Buys Inforalgo Information Technology

Wed, 29th Jul 2020 20:06

Gresham Technologies PLC - London-based software and services company - Completes acquisition of Inforalgo Information Technology Ltd for a total consideration of up to GBP3.6 million. Purchase is expected to be immediately earnings enhancing although not materially so for financial 2020. Adds cloud-based financial markets integration solutions to Gresham's portfolio of Clareti applications.

Current stock price: 108.00 pence

Year-to-date change: down 12%

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

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