Equisoft Acquires Financial Technology Specialist Altus
The Altus Software GmbH acquired Equisoft.
Altus is located in Germany, which is a major trading economy for electronic gaming, and is the gaming industry’s number one supplier of graphics cards.
Altus is a supplier of gaming and graphics cards for the market of professional and casual games. It is one of the main suppliers of cards for the global market for graphic cards and software.
Altus owns the world’s largest software division, which manufactures graphics card games, for which it supplies the most games to game stores in the world.
Altus developed the Altus series of cards and software, which includes the “Altus C” series graphics cards and the new Altus G series graphics cards. Altus G and Altus C are designed for professional and casual games. The G series of graphics cards include Altus Graphics Cards for X-Box and PlayStation 3, and Altus Software for the Nintendo consoles.
The company was founded by Roland Müller, who started in the graphics card industry in 1987. In 1993, Müller was appointed head of the company’s graphics card division.
The board and management of the Altus G series of graphics cards was purchased by Electronic Arts in 1999, due to the high sales of the Altus series. Altus acquired the company’s business unit that manufacture of graphics cards in 2000. Altus then became the world leader in the sector of computer graphics and graphics card technologies, which led the world market in the field of computer graphics cards.
Altus was a leader in the sector of computer graphics cards for several years, and it also developed the Altus software for the Nintendo consoles. Altus has also a large software division, which develops software for the systems consoles. Altus sold its graphics card division to Micro Focus in 2004.
In 2010, Altus generated revenues of over 2. 500 million Euro. Altus also generated significant revenues from the sales of the graphics cards. Altus had a market share of more than 10%.
In 2010, Altus generated revenues of over 2. 500 million Euro. Altus also generated significant revenues from the sales of the graphics cards. Altus had a market share of more than 10%.
Equisoft acquired the Financial Technology Specialist Altus.
Article Title: Equisoft acquired the Financial Technology Specialist Altus | Software. Full Article Text: Equisoft announced on 14th June 2015 that it has acquired financial technology specialist Altus in a cash related transaction. The company will remain a wholly owned subsidiary of Equirus plc.
Equirus plc stated that it invested in the software product with the aim of improving the customer experience and that it intends to “continue to contribute to the evolution of software and financial technology through its continued investment and support.
Equirus plc acquired Altus in April 2015 and currently owns approximately 4,600 employees, all of which are based in Ireland. The acquisition is the company’s seventh.
Equirus plc is a leading software and fintech business and Equirus’s products are currently used by over 4,000 banks, insurance companies, and other financial service providers worldwide. Equirus plc’s products are used by several of the largest companies in the financial services industry.
Equirus plc will become a wholly owned subsidiary of Equirus plc effective 1st December 2016. Equirus plc will continue to own 100% of the company, with the remainder of the voting share of Equirus plc being owned by Equirus plc shareholders.
Equirus plc’s management of Altus is based in Cork, with executive recruitment supported by Equirus plc’s global human capital and engineering resources (“GHR”).
Equirus plc will continue to receive capital up until the close of the company’s financial year, December 31 2015. Equirus plc will receive additional funds of up to €1bn at the completion of the transaction, with a focus on long-term projects that will be developed to enhance the customer experience.
The Equirus plc-Equirus plc transaction will be subject to approvals from shareholders that are due to be reviewed by the Irish Financial Services Authority (“IFA”) at the end of each of the next two fiscal years.
The total value of the transaction (including share/capital issues) is estimated at approximately €10bn (approximately €9. 2 billion excluding debt).
The total consideration to be paid in exchange for the equity shares of Equirus plc will be €5. 1bn, with approximately half of the consideration payable in 2017 and the remainder in 2018.
Altus : a new business partner for Finscape
Altus, an Altus Partner, is working to bring the Altus Suite to Finscape. Altus is the largest member of Finscape’s Partner Network and plans to make Altus a great and compelling choice for all Finscape users. Finscape plans to introduce Altus to its Partners in the coming weeks.
Altus is a new business partner for Finscape. We would like to welcome Altus and our members as a fully featured and intuitive suite for Finscape users that will enhance the Finscape and Altus experience for all users.
This new release of Altus is built on the foundation laid over the last two years. By combining Altus’s existing features with the most recent innovations in the Finscape Suite, Altus makes for a streamlined, reliable and highly effective suite for all Finscape users.
To help us get a better idea of the capabilities Altus is capable of, we created a comprehensive list of the Altus suite’s most valuable and useful features. Please take a moment to look over the list and help us to provide the best Altus Suite for Finscape users.
Altus for Finscape is our vision: Altus Suite is designed to enhance your productivity and enjoyment in the Finscape Suite. Altus adds to the existing features and capabilities in the Finscape Suite while also providing new and helpful features that help users achieve more by creating more fun, productive and more effective Finscape software projects.
Altus uses the innovative workflows that Finscape pioneered on the Altus website to create a new and intuitive user experience that will help users to succeed in Finscape.
Altus for Finscape is an all-in-one product: Altus Suite is an all-in-one product that provides the ability to create and manage a suite of projects, workflows and productivity tools. For the most part, you wouldn’t know this is a suite at all, but it is. Altus can be used to create anything you like: a simple project, a complex project, an entire suite, a workflow for productivity, or a productivity workflow for a work.
Update on the deal between Equisoft and Altus.
Article Title: Update on the deal between Equisoft and Altus | Software. Full Article Text: EqiT’s vice-president and CEO Michael Heecker has issued the following statement: “As we’ve been working on the new game that has been in development at least three years and is close to release, we’ve had to deal with multiple issues related to the development of the new game. We are going to work on the new game to ensure we deliver it on time. We will keep the team engaged throughout the entire process. ” Source link : altus-online.
In a press release released on the 27th July, the newly-announced deal between Altus and EqiT would see the latter acquiring Equi’s share in the game, and vice-versa. Altus and EqiT both have a long history of working together, and in addition to Eqi and Altus being partners in the development of this title, they’re both owned by the same family.
In addition to the acquisition of Equi’s share, the deal will also see the creation of an umbrella company, with the aforementioned new ‘EquiT’ name, taking on the additional task of managing the various assets of the title. The EqiT brand, and the additional assets of the title will not be directly traded and only be shared between various parties.
“Altus has always valued its relationship with its long-term partner. We are excited that we can combine our creative partnership with EquiT, while still maintaining our own vision for the title,” said Heecker.
The EquiT brand represents “a powerful new platform for us to further develop into the most powerful global entertainment platform the world has ever seen.
It’s a bit of a departure from the past, where development had been done exclusively by companies such as Eidos-Montague, but it’s still a sign of the times that we’re seeing, including in the gaming industry.
With a release date still to be confirmed, EqiT should have a lot more to say about their plans of how it plans to get their new title to the shelves.
Related Posts:
Spread the loveThe Altus Software GmbH acquired Equisoft. Altus is located in Germany, which is a major trading economy for electronic gaming, and is the gaming industry’s number one supplier of graphics cards. Altus is a supplier of gaming and graphics cards for the market of professional and casual games. It is one of the…