SS&C Technologies Acquires DST Systems

Windsor, CT based buy-side technology giant acquires parent company of DST Global Solutions, snapped up in December 2014.

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Bill Stone, CEO of SS&C Technologies, has been at the helm of the firm that has snapped up Advent Software, DST Global Solutions, GlobeOp, CommonWealth Fund Services and Wells Fargo Global Fund Services in recent years.

SS&C Technologies, the Windsor, CT-based provider of buy-side focused technologies and services, and DST Systems, a provider of technology, advisory and business operations outsourcing to the financial services and healthcare industries, have agreed that SS&C will acquire DST in an all-cash transaction for $84 per share plus assumption of debt, equating to approximately $5.4 billion.

DST Systems, headquartered in Kansas City, Missouri, with more than 14,400 employees worldwide, generated pro

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