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Banco Sabadell acquires Bano CAM : leveraging a cloud computing strategy /

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. Ban...

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Bibliographic Details
Main Authors: Busquets, Xavier (Author), Alvarez, Conchita (Author)
Format: eBook
Language:English
Published: London : Palgrave MacMillan UK, 2015.
Series:SAGE Knowledge. Cases.
Subjects:
Banc de Sabadell.
Banco CAM.
Oliu, Josep.
Montes, Miquel.
Rodriguez, Federico, > active 2015.
Abarca, Carles.
Banc de Sabadell
Bank mergers > Spain > Case studies.
Cloud computing > Spain > Case studies.
Consolidation and merger of corporations > Data processing > Case studies.
Banques > Fusion > Espagne > Études de cas.
Infonuagique > Espagne > Études de cas.
Entreprises > Fusion > Informatique > Études de cas.
Bank mergers
Cloud computing
Spain
Electronic books.
Case studies
Case studies.
Études de cas.
Online Access:Connect to the full text of this electronic book
Description
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.
Item Description: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.
Physical Description:1 online resource : illustrations.
Bibliography:Includes bibliographical references and index.
ISBN:9781526475916
152647591X