Kony’s Deal with Umpqua to Acquire Pivotus Ventures Was Aided by ‘Cultural Affinity’

© Can Stock Photo / NomadSoul1

Umpqua Holdings Corporation's deal to sell its subsidiary Pivotus Ventures to the Austin, Texas-based software firm Kony, announced on Oct. 23, took several months to develop. That's not a long time in the world of financial services acquisitions, and the deal was aided by a cultural affinity between the companies, according to Jeffery Kendall, senior vice ...Read More

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