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Author Busquets, Xavier, author

Title Banco Sabadell acquires Bano CAM : leveraging a cloud computing strategy / Xavier Busquets, Conchita Alvarez
Published London : Palgrave MacMillan UK, 2015


Description 1 online resource : illustrations
Series SAGE Knowledge. Cases
SAGE Knowledge. Cases
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
Bibliography Includes bibliographical references and index
Notes Description based on XML content
Subject Oliu, Josep
Montes, Miquel
Rodriguez, Federico, active 2015
Abarca, Carles
Banc de Sabadell.
Banco CAM
Banc de Sabadell
Bank mergers -- Spain -- Case studies
Cloud computing -- Spain -- Case studies
Consolidation and merger of corporations -- Data processing -- Case studies
Bank mergers
Cloud computing
Genre/Form Case studies
Case studies.
Études de cas.
Form Electronic book
Author Alvarez, Conchita, author
ISBN 9781526475916
Other Titles Corrected title: Banco Sabadell acquires Banco CAM