back to article Brit RPA upstart Blue Prism falls into arms of US tech holdings biz SS&C for £1.24bn

The board of Brit robotic process automation specialist Blue Prism is recommending a £1.243bn cash bid by Bolt Bidco, the subsidiary of tech holdings SS&C that trumped a £1.1bn offer from Vista Equity Partners (VEP). VEP had approached the London Stock Exchange-listed software maker in September with a view to purchasing Blue …

  1. Steve Davies 3 Silver badge

    This is the season to rape and pillage

    anything not bolted down.

    Another UK company being gobbled up by a US Equity rapist. Soon, they'll be coming for the corner shop and selling it to Amazon for a billion (or three).

    Watch out for the $1B in debt that will magically appear on the books within the first 6-9 months after the deal completes.

  2. amanfromMars 1 Silver badge

    A Dead Cert and/or Real Risky Wager on Another Zombie Unicorn?

    What's the betting on a near future lynching as prospective customers both disappear and/or never appear to evaporate and migrate deeper into the ether and the vast virtual fields of practically anonymous and engagingly autonomous endeavour?

  3. HildyJ Silver badge
    FAIL

    Prediction

    SS&C will get the IP, Blue Prism will get the debt, Blue Prism execs will get golden parachutes, Blue Prism employees will get golden showers.

    1. amanfromMars 1 Silver badge

      Re:Prediction

      IP possession is worthless if one cannot wield it effectively to generate market interest and raise further serious serial capital for/from investors and infestors alike.

      Just ask HPE [Hewlett Packard Enterprise] for confirmation of that gem of a truth.

      IT’s a crazy jungle out there. Take care and beware. Be aware.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Biting the hand that feeds IT © 1998–2022