Description |
1 online resource : illustrations |
Series |
SAGE Knowledge. Cases |
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SAGE Knowledge. Cases
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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
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Montes, Miquel
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Rodriguez, Federico, active 2015
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Abarca, Carles
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Banc de Sabadell.
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Banco CAM
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Banc de Sabadell |
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Bank mergers -- Spain -- Case studies
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Cloud computing -- Spain -- Case studies
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Consolidation and merger of corporations -- Data processing -- Case studies
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Bank mergers
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Cloud computing
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Spain
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Genre/Form |
Case studies
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Case studies.
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Études de cas.
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Form |
Electronic book
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Author |
Alvarez, Conchita, author
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ISBN |
9781526475916 |
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152647591X |
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