Misys To Acquire Cats Software For $60 Million This Month
LONDON--Misys, the UK-based financial software giant, put in a Christmas bid to buy Palo Alto-based Cats Software for $60 million and integrate its product line with that of its Midas-Kapiti International (MKI) unit. When complete, the deal stands to position MKI as a major provider of integrated, enterprise-wide risk management products.
Misys' tender offer expired on January 19, say Misys officials. The tender offer documents were given to shareholders on December 21, last year. With 96.4 per
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