Solium Capital Inc. Completes Acquisition of SVB Analytics' CapMx Business
May 15, 2012 17:05 ET
Solium Capital Inc. Completes Acquisition of SVB Analytics' CapMx Business
CALGARY, ALBERTA--(Marketwire - May 15, 2012) - Solium Capital Inc. ("Solium") (TSX:SUM), a leading global provider of web-based stock plan administration technology and services, announced today that it has completed the acquisition of the CapMx business of SVB Analytics, Inc., a member of SVB Financial Group.
About Solium Capital Inc.
Solium Capital Inc. (TSX: SUM), a software-as-a service (SaaS) company, is a leading global provider of web-based stock plan administration technology and services. Our software helps companies automate and manage their stock option and purchase plans, by providing unrivalled comprehensive regulatory and financial reporting capabilities. Founded in 1999, Solium has offices in Canada, the United States and the United Kingdom.
About SVB Analytics
SVB Analytics offers powerful, business-critical information for private companies and their venture capital investors. Its services enable companies to comply with tax and audit requirements and report to their boards more effectively, enabling investors to make and manage their fund investments with greater insight. Specifically, SVB Analytics offers valuation services to help companies comply with IRC 409A, FAS 123R, FAS 141/142 and FAS 157. SVB Analytics is a member of global financial services firm SVB Financial Group, with Silicon Valley Bank, SVB Capital and SVB Private Bank, serving the unique needs of technology, life science and venture capital firms. For more information please visit [ www.svb.com/svbanalytics ].
SVB Analytics is a non-bank affiliate of Silicon Valley Bank and a member of SVB Financial Group. Products and services offered by SVB Analytics are not FDIC insured and are not deposits or other obligations of Silicon Valley Bank. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System and it is the California bank subsidiary of SVB Financial Group, which is also a member of the Federal Reserve System.