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Banco Sabadell acquires Bano CAM : leveraging a cloud computing strategy / Xavier Busquets, Conchita Alvarez.
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- Book
- Author/Creator:
- Busquets, Xavier, author.
- Álvarez, Conchita, 1947- author.
- Series:
- SAGE Knowledge. Cases.
- SAGE Knowledge. Cases
- Language:
- English
- Subjects (All):
- Bank mergers--Spain--Case studies.
- Bank mergers.
- Cloud computing--Spain--Case studies.
- Cloud computing.
- Consolidation and merger of corporations--Data processing--Case studies.
- Consolidation and merger of corporations.
- Banc de Sabadell.
- Banco CAM.
- Oliu, Josep.
- Montes, Miquel.
- Rodriguez, Federico, active 2015.
- Rodriguez, Federico.
- Abarca, Carles.
- Spain.
- Genre:
- Case studies.
- Physical Description:
- 1 online resource : illustrations.
- Other Title:
- Corrected title: Banco Sabadell acquires Banco CAM
- Place of Publication:
- London : Palgrave MacMillan UK, 2015.
- System Details:
- text file
- Summary:
- In a deep financial crisis in Spain, Banco Sabadell won a competitive bid to acquire Banco CAM for the price of ?1. The President of Banco Sabadell Josep Oliu announced at a press conference on the 8 December 2012 that BCAM, a similar size to its acquirer, must be integrated in less than 1 year. Banco Sabadell management expected ?331 million in synergies from 2012 to 2014. The case focuses on Miquel Montes, the new CEO in Banco CAM, and his team; Federico Rodriguez, new Chief Operations Officer; and Carles Abarca, new Chief Information Officer. Banco Sabadell had developed a cloud computing architecture never tested before in mergers and acquisitions (M&A). Despite Sabadell management's strong and proven experience of M&As, there were risks associated with the benefits. Students need to understand both in order to understand how to plan in such situations.
- Notes:
- Originally Published InBusquets, J., & Alvarez, C. (2015). Banco Sabadell acquires Bano CAM: Leveraging a cloud computing strategy. Journal of Information Technology Teaching Cases, 5, 8-19.
- Includes bibliographical references and index.
- No ILL or scholarly sharing allowed.
- Description based on XML content.
- ISBN:
- 9781526475916
- OCLC:
- 1089146549
- Access Restriction:
- Restricted for use by site license.
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