Stephanie Condon / ZDNet:

Swiss banking software company Temenos to acquire Kony, an Austin-based bank-focused mobile app development business, for $559M plus 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.



Source: Swiss banking software company Temenos to acquire Kony, an Austin-based bank-focused mobile app development business, for $559M plus an earn-out of $21M (Stephanie Condon/ZDNet)

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