![]() Vista Equity Partners has tabled a £11. Oracle, Microsoft, and SAP – which bought up French RPA firm Contextor in 2018 – have all launched RPA-like products in the last year or so. Blue Prism, a developer of automated software, has recommended a £1.1 billion takeover bid from an American buyout giant. "While it is always sad to see another global UK-HQ'd tech firm fall into foreign ownership, the investment injection from Vista should help Blue Prism challenge more successfully in what is a fast-growing, but extremely competitive market segment," he said.Ĭompetition comes not least from the enterprise software giants, who are showing increasing appetite for the RPA market. LONDON British software company Blue Prism said Tuesday it has agreed a deal to be taken over by private equity firm Vista Equity Partners for 1.1 billion (1.5 billion) in cash. Bot herder of a different kind: Open sourcer Camunda buffs up RPA platform in an overcrowded market.SAP hits back at interlopers with its own twist on workflow, low-code and RPA tech.Salesforce follows application rivals into the RPA market with Servicetrace purchase.One of the pioneers in the market, Blue Prism, was sold to Vista Equity Partners for 1.5 billion (£1.095 billion) according to a filing in Great Britain. Only one software giant to make impact on the robotic process automation market, says analyst Over the last year, the robotic process automation market has been more active than ever.TechMarketView analyst Duncan Aitchison agreed Blue Prism had "struggled to keep pace with its more aggressive, better-funded rivals like UiPath and Automation Anywhere." The software group is said to be eyeing an offer of 1,125p a. Rob Warensjo, Megabuyte principal analyst, commented that Blue Prism never seemed to attract the same buzz as bigger RPA vendors, and the VEP buy represents a "less-than-spectacular ending for Blue Prism's time on the public markets." Private equity firm Vista Equity Partners is reportedly nearing an agreement to buy British automation software developer Blue Prism. For those with short memories, Tibco purchased 40-year-old enterprise data company Information Builders following an agreement struck in 2020.
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