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المشهد العربي
Source: المشهد العربي
5 Hrsالمشهد العربي
Source: المشهد العربي
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Silver Lake Capital is preparing to merge the French software companies Cegid and Silae in a deal valued at over 10 billion euros ($11.6 billion). The combined entity is expected to generate annual revenues of approximately 1.6 billion euros and will offer accounting services, human resources management, digital financing, and payment services, with Silver Lake retaining a majority stake ranging between 66% and 75%. This move comes amid challenges faced by the software sector due to the rapid advancement of artificial intelligence technologies, raising concerns about a potential decline in demand for traditional software in favor of modern innovations.
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