temenos acquires kony and strengthens its leadership team

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Temenos acquires Kony and strengthens its leadership team

Friday, August 30, 2019 by Richard Harris

Temenos, the Switzerland-based banking software company, has agreed to acquire Kony, Inc., the digital banking SaaS company, for $559 million and an earn-out of $21 million, subject to regulatory approvals.     The acquisition enhances Temenos’ scale and capabilities in the US, adds significant digital expertise, and accelerates Temenos Infinity, the b...

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