(Reuters) – British software group Blue Prism agreed on Wednesday to be bought by U.S.-based SS&C Technologies for 1.24 billion pounds ($1.65 billion), withdrawing its backing of an earlier agreement with private equity firm Vista.
SS&C’s all-cash offer of 1,275 pence per Blue Prism share is higher than its earlier possible offer of 1,200 pence, and tops Vista’s final offer of 1,250 pence.
($1 = 0.7509 pounds)
(Reporting by Aby Jose Koilparambil in Bengaluru; editing by Uttaresh.V)