Sources: PE firm Silver Lake intends to merge French software companies Cegid and Silae in a €10B+ deal, allowing them to combine data and integrate software (Financial Times)
Plan comes as buyout groups grapple with impact of AI on software companies bought at high valuations
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- Silver Lake to combine Cegid and Silae in €10bn-plus software merger privateequitywire.co.uk
- France's Cegid and Silae to merge in €10 billion software deal channelnewsasia.com