Bottomline Technologies will acquire Bank of America’s PayMode® product, operations and vendor network. Fantastic company opportunities, consumer following and new technologies that our buyers want and require to develop their companies. Bottomline is a great place to jumpstart one’s profession or for 1 to settle in to a optimistic corporate culture where a single is not just a number. Bottomline Technologies supply major-edge technology and processing expertise, allied with easy archive and retrieval systems. Computacenter spent numerous weeks operating with Bottomline Technologies to recognize its precise requirements, each at that point in time and moving forwards.
Bottomline Technologies decided that the IBM SAN Volume Controller (SVC) combined with an IBM DS4300 disk array, provided the best fit of functionality, scalability, functionality, cost and freedom of option, which it necessary. On its personal, the DS4300 supplied an exceptional resolution for their storage requirements, and coupling this with the SVC, presented Bottomline Technologies the sophisticated functionality and freedom it necessary. The SVC has been running constantly because deployment, and Bottomline Technologies now plans to set up a DR environment with a second SVC in the close to future.
While at present attached to a DS4300, the SVC presented Bottomline Technologies the flexibility to contemplate disk arrays from other vendors in the future, with out obtaining to master an additional set of management application and advanced functions. Has been acquired by Bottomline Technologies (Nasdaq:EPAY) for $44.five million in money and 102,000 shares of Bottomline stock. I encourage everyone to subscribe AC Investor Weblog twitter and newsletter, so you can receive my trade suggestions and stock news in real time.
In addition to Bottomline Technologies’ sponsorship, economic support from other corporations and person neighborhood members permits Leadership Seacoast to be capable to offer valuable finding out possibilities to students each and every year. Info in AC Investor Blog is frequently opinionated and ought to be regarded for details purposes only. UK-based Bottomline buyer Spirax Sarco is leveraging Bottomline’s SWIFT Access Service to exchange e-invoices through SWIFT with a Finnish buyer.
The iPad release is the most current innovation for Paymode-X, and is the very first phase of a extensive set of mobile capabilities that BofA Merrill, in collaboration with Bottomline Technologies, plans to bring to market place. Powered by Bottomline Technologies, Paymode-X combines electronic obtain order submission, invoicing and payment settlement on a single platform. Each new employ class begins their Bottomline experience with a comprehensive, 4 to six week cross-functional instruction curriculum. Bottomline predicts that the acquisitions will add $25 million in income subsequent fiscal year and some $40 million in fiscal 2015.