Connecticut Firm Buys Orem-Based Sosystems

Summary


Connecticut-based Open Solutions Inc. has signed an agreement under which it acquired Orem-based SOSystems and the Centryx product line for about $11 million in cash.

Open Solutions provides data processing technologies for banks and credit unions in the United States and Canada. SOSystems provides in-house core data processing and associated support and service for about 120 credit unions in the United States.

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Connecticut Firm Buys Orem-Based Sosystems

SOSystems...

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