Open GI gains in strength as Misys struggles through period of turmoil
Strong profits, steady management and a buyer eager to invest are characteristics of Worcester-based...
Strong profits, steady management and a buyer eager to invest are characteristics of Worcester-based Open GI but not former owner software house Misys.
Misys has gone into a period of turmoil since selling its insurance arm to private equity house Montagu. Misys, which decided to concentrate on its banking and healthcare arms, has seen a failed buyout attempt, several potential bidders walking away, a new chief executive, a profit warning and a volatile share price.
Under the leadership of chief
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