Morgan Stanley has acquired Solium Capital for $900 million (MS, SUM, CS, MER-K, GS, JPM)
|02/13/2019||Posted by BusinessMediaguide.Com under General World News||
Banking giant Morgan Stanley has confirmed the acquisition of publicly traded share plan management software company Solium Capital for $900 million in cash, per the FT.
Canada-based Solium is a global provider of Software-as-a-Service for stock administration, financial reporting, and compliance; it manages employee equity plans of over 3,000 companies — including startups like Stripe — which collectively have 1 million employees.
Morgan Stanley’s stock-plan business serves 330 businesses with 1.5 million employees and is “geared toward” Fortune read more >>>