Rationalwave Analytics is a pre-revenue company. The purchase price for the acquisition was USD 8 million, consisting of USD 1.2 million in cash and approximately 206,000 shares of Bottomline common stock.
Bottomline Technologies provides cloud-based payment, invoice and banking solutions to corporations, financial institutions and banks around the world. The company’s solutions are set to automate and manage processes involving payments, invoicing, global cash management, supply chain finance and transactional documents.
In recent news, Bottomline Technologies has launched Paymode-X 2.0 – Vendor View, which enables payers to migrate from paper to electronic payments and invoicing while providing vendors with payment and electronic remittance data.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.