Windsor financial software services provider SS&C Technologies Holdings announced it has acquired Boston investor communications firm Varden Technologies.
SS&C, which announced the purchase late Tuesday, will add Varden’s 31 employees and more than 100 clients, including mutual funds, wealth management firms and fund administrators all who have assets ranging from $50 million to $300 billion.
Financial terms of the Varden acquisition were not disclosed.
Bill Stone, SS&C chairman and CEO, said the Varden purchase will help his company reaffirm its position as a leader in cloud-based enterprise reporting for financial services firms, as Varden’s end-to-end communication products will simplify reporting for SS&C clients.
