Silver Lake merges Cegid and Silae in €10 billion AI-era software bet
Private equity firm Silver Lake is merging French software companies Cegid and Silae in a deal valued at 10 billion euros, according to CNBC.
Silver Lake is combining French business management software firm Cegid with payroll and HR platform Silae in a deal valued at 10 billion euros, CNBC reported.
CNBC described the merger as a bet on AI-era software demand.
Sources
EGazette summarizes reporting from multiple sources; follow the links for the originals.
Comments
Loading comments…
Related articles
Paramount Names Ynon Kreiz Co-CEO Ahead of Warner Bros. Discovery Merger Close
Former Mattel chairman and CEO Ynon Kreiz will share leadership of the enlarged Paramount with David Ellison as the companies prepare to finalize their $110 billion merger.

Foreign insurers brace for further policy changes in India's insurance market
Foreign insurance firms are being welcomed into India's market even as they face another round of regulatory uncertainty, according to a newsletter on the sector.

US Judge Approves Settlement Allowing Paramount to Acquire Warner Bros
The approval clears a major hurdle for the deal, though it has raised questions about media consolidation and editorial independence.
Wall Street Eyes Next Session After S&P 500 Slips on Inflation Data
The S&P 500 declined Wednesday after a cooler-than-expected inflation reading, closing out September with a monthly loss as traders weigh the data's implications for the market's next moves.
Cramer Says 'Frozen' Economic Conditions Are Holding Back Many Stocks
CNBC's Jim Cramer argued that stalled activity across key parts of the U.S. economy is weighing on stock performance, and outlined what might need to change for conditions to thaw.
Ellison Names Ynon Kreiz Co-CEO of Combined Paramount-Warner Bros. Discovery
Paramount CEO David Ellison announced that outgoing Mattel chief Ynon Kreiz will serve as co-CEO of the planned Paramount-WBD combination.