Intel will exit the digital loan documentation software publisher in a $279m all-cash acquisition by Wolters Kluwer.
Professional services and software provider Wolters Kluwer has agreed to purchase US-based loan documentation software publisher eOriginal for approximately €231m ($279m) in a deal allowing semiconductor technology producer Intel to exit.
The cash deal is expected to close before the end of this year. Power and automation technology provider General Electric’s GE Capital unit was also an investor but its parent company sold off the vast majority of its assets when it was shuttered in 2018.
Founded in 1996, eOriginal…
