Blue prism stock discussion1/17/2024 headquarters and invest in research and development, people familiar with the matter said. Vista aims to combine Blue Prism with existing portfolio company Tibco Software Inc., which it acquired in 2014. Some 23 percent of its shareholders have said they will back the deal, including Jupiter Investment Management and Lead Edge Capital Management, according to the statement.īlue Prism said in late August that it was in discussions with Vista and another private equity firm, TPG, about possible offers for the company. It is the latest in a growing number of British companies being sold to overseas buyers as foreign investors take advantage of valuations depressed by the pandemic and Brexit.īloomberg first reported details of the Blue Prism acquisition. The deal barely claws back the value lost this year as Blue Prism’s shares fell by around a third, pulled lower by concerns over gaps in its portfolio and the cost of developing the products needed to keep the company competitive. The offer represents a premium of about 35 percent to Blue Prism’s closing price of £0.83 (US$1.13) on August 27, the last full trading day before takeover interest became public. tech company by a foreign buyer.īlue Prism recommended Vista’s bid of £1.125 (US$1.53) a share in a statement Tuesday. Subject: Will Blue Prism be a big part of the SS&C Deliver Lanser Shillingford - Is there any recording available for SSNC Deliver 2023 which happened last week.Īlso this topic/thread can be be moved to Event community.Bloomberg | Private equity firm Vista Equity Partners (Vista) is to acquire automation software developer Blue Prism Group Plc., for about £1.1 billion (US$1.5 billion), in yet another takeover of a U.K. After you click the Register button on the event website, you'll see a link to the conference agenda which includes various topics under the Intelligent Automation category. Yes, Blue Prism will be part of SS&C Deliver. Subject: Will Blue Prism be a big part of the SS&C Deliver conference? We'd love to attend SS&C Deliver, but we need more info. That one has details about every speaker, workshop, daily schedules, etc. It's hard to make an argument that we should go to this without any details or knowing what portion will cover BP since that's the only SS&C product we use.īy comparison, we are also looking at the Microsoft Power Platform conference that also takes place in October. We need to build a case for the travel cost vs benefit. I found it surprising that it's only listed on the SS&C website (and hard to find there), and I found no mention of it under any of the Event sections of the Blue Prism-specific websites.Ĭan anyone from BP/SS&C provide more information about what the focus of this conference will be, and specifically how much coverage there will be on Blue Prism and the related automation products? My team (and I imagine many others around the US) are trying to determine what conferences we should attend. There is a 48 second video of stock footage around Austin, TX and some conference buzzwords, but no details. There are next to no details available about the SS&C Deliver conference outside of the dates and location.
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