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    DGAP-News  597  0 Kommentare Bottomline Technologies to Acquire Andera


    DGAP-News: Bottomline Technologies, Inc. /
    Bottomline Technologies to Acquire Andera

    01.04.2014 / 00:37

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    Market-Leading Innovator in Customer Acquisition Solutions to Extend
    Bottomline's Digital Banking Platform

    PORTSMOUTH, N.H., 2014-04-01 00:37 CEST (GLOBE NEWSWIRE) --
    Bottomline Technologies (Nasdaq:EPAY), a leading provider of cloud-based
    payment, invoice and digital banking solutions, today announced it will acquire
    Andera, a provider of innovative customer acquisition solutions. Andera has
    helped its over 500 bank and credit union customers process more than 4.5
    million new account applications online. Andera's oFlows platform was named
    'Best of Show' at Finovate four times and Bank Technology News recently named
    Andera one of the 'Top 10 Tech Companies to Watch.'

    As the digital channel emerges as customers' preferred way to do business with
    banks, financial institutions are investing in web-based technologies to sell,
    service and engage with their customers. Andera's market-leading customer
    acquisition solutions enable financial institutions to accelerate revenue
    growth through their intuitive online account opening and customer engagement
    capabilities.

    'Our strategy is to help financial institutions grow by acquiring and deepening
    customer relationships through digital channels. Andera's innovative solutions
    will enable our clients to grow revenues and compete and win in digital
    banking,' said Norm DeLuca, General Manager of Banking and Financial Services
    at Bottomline.

    'We are delighted to welcome the customers and employees of Andera to
    Bottomline,' said Rob Eberle, President and CEO of Bottomline Technologies.
    'With the acquisition of Andera, we once again extend our portfolio of
    world-class payments and digital banking solutions.'

    'Bottomline's market position as a leading provider in digital banking will
    allow our company to go to the next level. Jointly, we share a commitment to
    innovation, the opportunity of the digital channel and to delivering customer
    delight,' said Charlie Kroll, CEO of Andera.

    The acquisition, representing approximately $44.5 million in cash and 102,000
    shares of Bottomline stock, will be accretive to Fiscal 2015 core net income.
    The revenue contribution from the transaction is expected to be $2 million in
    the fourth quarter of Fiscal 2014 and $10 million in Fiscal 2015. From a core
    income perspective, the transaction is expected to be 2 cents dilutive in the
    fourth quarter, break-even in the first quarter of Fiscal 2015 and accretive by
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    DGAP-News Bottomline Technologies to Acquire Andera DGAP-News: Bottomline Technologies, Inc. / Bottomline Technologies to Acquire Andera 01.04.2014 / 00:37 --------------------------------------------------------------------- Market-Leading Innovator in Customer Acquisition Solutions to Extend …