In a landmark move, Nasdaq has signed an agreement to purchase Adenza, a provider of risk management and regulatory software in the financial services sector, for a whopping $10.5 billion, from Thoma Bravo. The acquisition, financed in a mix of cash and common stock, fast-tracks Nasdaq’s strategic aspiration to become a global linchpin in the […]
Thoma Bravo, an American software investment firm, has agreed to acquire Coupa Software, a cloud-based business spend management platform listed on Nasdaq, for an enterprise value of $8bn. Coupa Software platform integrates processes across supply chain, procurement, and finance functions as well as enables enterprises to maximize value and operationalize purpose through their business spend. […]
