Bottomline Technologies Acquires Andera for $47,500,000

  • Feed Type
  • Date
    5/9/2014
  • Company Name
    Andera
  • Mailing Address
    15 Park Row West Providence, RI 02903 USA
  • Company Description
    Andera is the #1 provider of online account opening and funding solutions in the U.S., serving more financial institution clients than any other vendor.
  • Website
    http://www.andera.com
  • Transaction Type
    M&A
  • Transaction Amount
    $47,500,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Andera Inc. has been acquired by Bottomline Technologies (Nasdaq:EPAY) for $44.5 million in cash and 102,000 shares of Bottomline stock.

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