Thursday, July 28, 2011

ACIW - Potential Takeover Target

For those of you, who want to benefit from cost cutting within the technology sector and the M&A going on, especially by IBM, a worthwhile company to look into it ACIW.

IBM holds warrants to purchase 9% of the firm. Additionally, it fits into IBM's strategy, because its a tech company, into software catering to financial sector and with a market cap around USD 1.2bn.

Since I wrote about it last, its already up from USD 30 to USD 37....but i believe there is still much more to go...

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