Swiss banking software company Temenos says it will acquire Kony, an Austin-based mobile app development business, for $559M and an earn-out of $21M (Stephanie Condon/ZDNet)
Swiss banking software company Temenos says it will acquire Kony, an Austin-based mobile app development business, for $559M and an earn-out of $21M — The Switzerland-based banking software company is aiming to step up its presence in the US, where addressable market for digital front office banking software is $9 billion.
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