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The purchase price is approximately $13 million,Arian Foster, 75% payable in cash and 25% payable in Fundtech common stock.BBP has a client base of approximately 100 banks located in Switzerland,Russell Wilson Jersey, Germany, France and the United Kingdom.payments, Euro transactions and stock exchange security trades.BBP operates a service bureau, used by over 50 of its bank customers, allowing them to outsource their transaction processing and settlement functions."This transaction is an important strategic step for Fundtech," said Reuven Ben-Menachem, Fundtech's Chairman and CEO."BBP's impressive penetration of the Swiss market and its proven expertise in the innovation and marketing of Electronic Payment solutions make it an ideal partner for Fundtech.
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