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Stock impact report

Tyler Technologies to Acquire MicroPact from Arlington Capital Partners

Tyler Technologies, Inc. (TYL) 
Last tyler technologies, inc. earnings: 4/29 04:17 pm Check Earnings Report
US:NYSE Investor Relations: investors.tylertech.com
Company Research Source: Business Wire
Acquisition to augment Tyler’s solution offerings and broaden addressable market PLANO, Texas--(BUSINESS WIRE)-- Tyler Technologies Inc. (NYSE: TYL) today announced it has signed a definitive agreement to acquire MicroPact, Inc., a leading provider of specialized, vertically oriented case management and business process management (BPM) applications for government, for approximately $185 million in cash. The transaction is targeted to close on March 15, 2019, pending federal regulatory approvals. “This is the second largest acquisition in Tyler Technologies’ history and represents a continuation of our long-term strategy to add best-of-breed companies and products that complement our current offerings and support our goals for continued growth,” said Lynn Moore, president and chief executive officer of Tyler. “The acquisition of MicroPact will augment our product solutions, position us Show less Read more
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