147129 Resource 125361 126221 200444 1162356932554 1214508187578 Controlled Palisades Technology Partners to be Acquired by IBM

Solutions to Enhance IBM's IT Consulting Services and Technology Offerings to Finance and Banking Industries

<p><a title="IBM to Acquire Palisades" href="http://www-935.ibm.com/services/us/index.wss/summary/imc/a1025835?cntxt=a1002583" target="_blank">IBM</a> has announced a definitive agreement to acquire Palisades Technology Partners, a provider of technology and services for the mortgage lending industry.&nbsp; According to the announcement, this acquisition builds upon IBM's strategy to leverage business consulting, IT services and software to develop integrated, replicable solutions that help clients optimize and transform their businesses. Palisades Technology Partners' staff of business and technology experts provides strategic consulting, systems integration, and a comprehensive Web-based, multi-channel lending platform, which supports the entire lending lifecycle from point of sale, through post-closing.</p><p>Updata Capital acted as financial advisor and assisted in the negotiations for Palisades Technology Partners.</p> 9 application/xml false enterprise application software financial technology IBM Palisades Technology Partners Updata Capital Recent enterprise application software mergers and acquisitions deals completed by Updata Capital http://updataadvisors.com/transactions.asp?sector=13&level2id=52&level2name=Enterprise%20Application%20Software&sectorname=ALL%20SECTORS Mozilla/4.0 (compatible; MSIE 6.0; Windows NT 5.0; .NET CLR 1.1.4322; .NET CLR 2.0.50727; InfoPath.1) 127.0.0.1 127.0.0.1 fbartolomey 208.82.213.22 false true false false true 125361 blog blogsite/UpdataAdvisors/web