January 4, 2006
Orc Software signs agreement to acquire Cameron Systems for approximately $32 million.
On December 28, it was announced that Stockholm-based Orc Software has signed an agreement to acquire Willkie client Cameron Systems for approximately $32 million. Headquartered in Australia, Cameron is the world's leading supplier of Financial Information eXchange platforms (FIX). The deal will provide Orc Software with access to cutting-edge FIX technology and an additional client base of over 170 customers in 25 countries. Cameron has supplied FIX solutions to customers such as CSFB, UBS, Barclays Capital, Nomura Securities, and Bank of America. The transaction was handled by partner Serge Benchetrit and associate Kelly Sutherland.
