Hogan Systems Inc., a provider of software to many of the biggest banks in the United States and around the world, has agreed to be acquired by Continuum Co. for stock valued at $192 million.

Under terms of the deal, announced Monday, Continuum will exchange 0.355 share of its common stock for each Hogan share outstanding, amounting to a 14% premium over Hogan's closing price on Friday of $11.625.

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