Goldleaf enters remote-deposit biz with Alogent acquisition
January 20, 2008
Digital Transactions:Goldleaf Financial Solutions Inc., a technology-services provider for 2,800 community financial institutions, announced last week that it's buying Alogent Corp., a prominent purveyor of remote-deposit software, for $42.5 million. The acquisition gives Goldleaf a foothold in the remote-capture business. Until now, Goldleaf's core business has been its BusinessManager application for handling accounts receivable.