Bottomline Announces Cyber Fraud and Risk Management Solutions

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Go back to Bottomline Announces Cyber Fraud and Risk Management Solutions

Bottomline Technologies (EPAY) Acquires Intellinx in Cash, Stock Deal

January 13, 2015 6:41 AM EST

On January 12, 2015, Bottomline Technologies (de), Inc. (Nasdaq: EPAY), a Delaware corporation (Bottomline), and its wholly owned subsidiary Bottomline Technologies Sarl, entered into a Securities Purchase Agreement (the Agreement) with Intellinx Ltd., an Israeli corporation, (Intellinx), certain equity holders of Intellinx named therein and Shareholder Representative Services LLC as the Representative of the Intellinx equity holders. Intellinx is a leading provider of cyber fraud and risk management solutions.

Headquartered in Israel, Intellinx customers include some of the worlds leading banks and government agencies. The fraud detection and prevention market is estimated at $17 billion annually and... More