NEC to acquire Swiss fintech firm Avaloq for $2.24 billion

Business / Corporate Oct 5, 2020

NEC to acquire Swiss fintech firm Avaloq for $2.24 billion

NEC Corp. said Monday it will acquire Swiss financial software vendor Avaloq Group AG for 2.05 billion Swiss francs (¥236 billion) by April to strengthen its global financial services reach. The information technology giant hopes to add Avaloq's leading digital banking solutions to its own ...

Intuit buys Credit Karma for $7.1 billion in cash and stock

Business Feb 25, 2020

Intuit buys Credit Karma for $7.1 billion in cash and stock

Intuit Inc., the software giant behind TurboTax, is buying personal finance website Credit Karma Inc. for about $7.1 billion in cash and stock. San Francisco-based Credit Karma has garnered more than 100 million users by offering free credit scores since it was founded in 2007. ...