SS&C Technologies to Acquire Calastone
1. SS&C Technologies is set to acquire Calastone, enhancing its service offerings. 2. This acquisition could lead to increased market share and competitiveness.
FAQ
Why Bullish?
The acquisition of Calastone positions SS&C for growth in fund administration and enhances its technology offerings. Historically, acquisitions have led to stock price appreciation when they successfully integrate and add value, as seen during SS&C’s past acquisitions, like DST Systems.
How important is it?
The acquisition is expected to strategically enhance SS&C's portfolio and market position, making it a significant development for investors.
Why Long Term?
The benefits of acquisitions typically materialize over time as integration occurs. Past instances, including SS&C's acquisition of DST Systems, demonstrated positive long-term growth following strategic acquisitions.