Harland Financial Will Buy Tech Provider

Share this content:
Harland Financial Solutions Inc., a customer relationship management vendor focused on the banking industry, said yesterday that it will acquire Interlinq Software Corp., a technology provider that helps organizations manage complex, information-intensive business transactions.


Harland said it signed a definitive agreement to acquire the Seattle-based Interlinq for $6.25 per share. The total purchase price is expected to be about $34 million, including fees and expenses, less Interlinq's cash balance of about $10 million.


Harland expects the acquisition to close in the fourth quarter, subject to approval by Interlinq shareholders. The acquisition is expected to be accretive to earnings within 12 months.


EXTENDED DEADLINE

You have until Wednesday, December 7 to get your entries in. Learn more here.

Loading links....
close

Next Article in Data/Analytics

Sign up to our newsletters

Latest Jobs:

Featured Listings