Open GI deal "marriage made in heaven", says Transactor CEO Ray Vincent
Open GI CEO Chris Guillaume notes that the aim is to combine the best bits of both companies' technologies.
Transactor chief executive officer Ray Vincent has hailed Open GI’s purchase of the software house as a “marriage made in heaven”.
The deal, valued at £40m, will see Vincent leaving his CEO role to take up a non-executive director post at Open GI once the takeover has been approved by the Competition and Markets Authority (CMA).
“It’s the right time to get this software into a bigger home, because there’s so much demand for it and the order book is absolutely
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- Zurich strikes five-year capacity deal with MGA Freedom Services
- Pen inks £150m social housing capacity deal with SiriusPoint
- RSA and NIG brands to become one next year but undecided on name