Temenos to Acquire Kony: So What?
Gonzobanker
SEPTEMBER 10, 2019
At 5X Kony’s expected 2020 revenues of $115M, based on other recent deals in the space the purchase price seems like a decent deal for Temenos. “So Still to be sorted out are overlaps between Infinity and Kony’s UI/UX assets. The digital banking market continues a long burn—this time like the smoke of a Texas summer barbecue.
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