Bill.com Is Set To Acquire Utah Billion-Dollar Software Startup Divvy
Bill.com Is Set To Acquire Utah Billion-Dollar Software Startup Divvy Share to Facebook Share to Linkedin Less than five months after vaulting to a $1.6 billion valuation, Divvy, an expense reporting startup for small businesses, is in talks to be acquired. Bill.com, a cloud software-based platform that helps small and midsize businesses with back-office financial operations, is Divvy’s expected buyer, two sources tell Forbes. The companies may be planning to announce the deal as soon as Thursday, when Bill.com, which currently carries a market cap of about $12 billion, is scheduled to...
Source: forbes.com