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Article: Norkom Technologies Acquires European Risk Management Firm DATA4s; Consolidation of Two European Players Establishes Norkom as the Leading European Provider of Risk Management, Compliance & Financial Crime Solutions for the Financial Services Sector.
- Article from:
- PR Newswire Europe
- Article date:
- November 17, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DUBLIN, Ireland, November 17 /PRNewswire/ -- Norkom Technologies and DATA4s today announced a definitive agreement under which Norkom acquires all DATA4s shares. Under the terms of the deal the acquisition of DATA4S was primarily paid for through new shares from Norkom. The new combined entity will operate under the Norkom name and brand. This transaction joins two of the strongest-performing companies in enterprise risk management and compliance software, with highly complementary products, distribution channels, and talent pools.
"By consolidating two leading European players, this acquisition will accelerate Norkom's position as the number one European ...