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IN BRIEF: Gresham Technologies Buys Inforalgo Information Technology
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
Copyright 2020 Alliance News Limited. All Rights Reserved.
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