Sopra Steria Group : Acquisition of SAB in core banking software
>Strengthening positions with intermediary banks in Europe - This morning Sopra Steria announced that its subsidiary, Sopra Banking Software, is to acquire the French software publisher SAB, specialised in core banking solutions for mid-sized banks in Europe. SAB was created in 1989 and it is still owned by its founders. In 2018, SAB generated revenues of € 64.4m for average annual growth of 5% over the past five years and profitability of 5%-10%, according to So...Sopra Steria Group is a global player in IT services, with operations in consulting, software development, and integration. In addition to France, Co. operates in the United Kingdom, Spain, Italy, Switzerland, Germany, and Belgium, assisting its clients in managing the transformation of their businesses and information systems. Co. divides its operation into three categories: Consulting, Systems and Solutions Integration, and Software Development; which it spreads among eight major verticals: Financial Services, Insurance and Social Welfare, Public Sector, Telecom Operators, Aerospace and Defense, Energy, Transport and Courier Services, and Retail.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.