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Article: Asset Control Announces Investment From Fidelity Ventures, Installs Phil Lynch as CEO, and Concurrently Acquires Tap Solutions.
- Article from:
- PR Newswire
- Article date:
- April 3, 2007
CopyrightCOPYRIGHT 2007 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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Company Positioned for Next Stage of Growth to Extend International Leadership in Delivering Data Access and Management Solutions to Financial Institutions of all Sizes
NEW YORK and AMSTERDAM, April 3 /PRNewswire/ -- Asset Control, the leading provider of Centralized Data Management(TM) (CDM) solutions to the financial services industry, today announced that Fidelity Ventures has taken a majority investment in the company.
The company also said that Phil Lynch, former CEO of Reuters Americas and a Venture Partner with Fidelity Ventures, will succeed Ger Rosenkamp as CEO and President. Lynch will focus on leading the company's next phase of growth. ...