Note

NEC nears a deal to buy Swiss banking software provider Avaloq (circa $2.2 bn deal)

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Bloomberg report earlier:

  • NEC Corp. near a deal to buy Swiss banking software provider Avaloq Group
  • transaction values the firm at about 2 billion francs
Avaloq provides banking software, particularly to private institutions looking to underpin their digital and wealth management platforms to customers such as Deutsche Bank, Barclays
 
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And ... ladies and gentlemen I apologise ... I wrote this post many hours ago but in all the Trump health developments failed to notice I had not published it ... its old news now. 
 

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