Linedata Nabs CapitalStream

Paris-based Linedata bought CapitalStream for $45 million.

Linedata has announced it will acquire software platform provider CapitalStream from HCL Technologies.

Paris-based Linedata, which, like CapitalStream, is a software provider, says that this will help the company to expand it presence in North America and in the credit and finance industry.

The deal, which was for $45 million, is expected to close before April 1.

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