One year ago
The initial reports surfaced that Pacific Investment Management Co. (PIMCO) Advisors LP was likely to buy Oppenheimer Capital after the launch of a major back-office IT project at Pacific Mutual Life Insurance Co., which owns 40 per cent of PIMCO. The project cost upwards of $10 million. Pimco traditionally develops most of its IT products in-house (January 31, 1997).
PIMCO Advisors closed on its acquisition of Oppenheimer in November, and has grown to $199.5 billion
Anthony and James look news pertaining to cryptocurriences and blockchain deployments, as well as AI and cloud.Subscribe to Weekly Wrap emails