Misys Has Merged with Turaz

Vista Equity Partners announced Friday that it has completed its acquisition of Misys. As part of this acquisition, Misys and Turaz, the business that includes the Kondor+ trade and risk management software, are now one company officially operating under the name “Misys” (MSY). (http://www.misys.com/)

The combined company is based in London and has 1,800 customers in 120 countries. It provides software for core banking, treasury, capital markets and lending.

An earlier merger agreement with Geneva-based core banking software provider Temenos, announced in February, fell through.

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Bank technology M&A
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