Merger of French and Swiss business software firms heralds new unicorn
ZURICH: A merger between French business software provider LumApps and its Swiss peer Beekeeper will create a new unicorn worth about $1.1 billion, the two companies said.
The deal announced on Wednesday, which is due to complete this month, is backed by British private equity group Bridgepoint, which was previously a major shareholder in LumApps and will hold a majority stake in the new firm.
