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Xchanging plc to acquire Total Objects Ltd


Thursday, 3 Jul 2014 02:00am EDT 

Xchanging plc:Signed an agreement to acquire 100 pct of insurance software business, Total Objects Ltd (Total Objects).Acquisition for potential total cash consideration of up to 21 mln Pound on cash-free debt-free basis, subject to clearance by competition and markets authority.Acquisition will enable Xchanging to realise product development synergies in the Binder market by combining its Binder360 offering with the Total Objects BinderCloud software offering. 

Company Quote

170.0
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27 Nov 2014