Misys acknowledges CVC Capital Partners Limited and ValueAct Capital as new offeror

In a press release published today on its website, Misys notes the announcement made by CVC and ValueAct Capital and confirms that it is currently in discussions with them regarding a possible offer for the Company’s entire outstanding share capital for cash. Misys also continues to be in discussions with Vista Equity Partners and Temenos

Vista Equity Partners also makes an offer for Misys

According to Financial Times, Vista Equity Partners, a private equity firm focused on investing in software and technology-enabled businesses based in USA, has launched a rival £1.2bn offer for Misys. Maija Palmer, redactor from FT following what could be the biggest and completest deal of the Banking Software Industry, stated that “the Invest firm is offering an indicative offer

Is a White Knight offering better options to Misys?

Close to midnight Bloomberg quoted “two people familiar with the matter” and announced that “Misys, has attracted interest from buyout firms and would consider alternatives if they deemed better for shareholders”. This announcement will surely represent a threat to what some analysts have being calling a “shotgun marriage” between the Swiss Banking Software Editor, Temenos

The Global Competitiveness Report 2009–2010

the report in pdf can be downloaded here Summary for Switzerland According to the yearly survey conducted by WEF (World Economic Forum), Switzerland overtakes the United States this year as the world’s most competitive economy. This is explained by the fact that Switzerland’s performance has remained relatively stable, whereas the United States has seen a