Genesyslogic Inc (6104.TWO)
8 Dec 2016
LONDON, Nov 10 Pricing is out on a US$2.1bn cross-border leveraged loan financing backing contact centre software maker Genesys' acquisition of call centre cloud services company Interactive Intelligence and a refinancing of existing debt, in a deal which is set to test market appetite and pricing following Trump's election victory.
Privately-held contact center company Genesys agreed to buy Interactive Intelligence Group Inc for about $1.4 billion as it looked to build scale in the face of fierce competition in the telecommunications software and equipment industry.
* Genesys CEO says not contemplating further large M&A (Adds CEO quotes, background)
* Says Genesys intends to fund deal through combination of existing cash on hand and debt financing
Aug 31 Call center software maker Genesys said it would buy rival Interactive Intelligence Group Inc in a deal valued at about $1.4 billion.