Transactions
Oct. 31, 2000
Orrick Herrington: ELLIE MAE BUYS GENESIS IN A DEAL WORTH $20 MILLION
Ellie Mae Inc. has acquired Genesis 2000 Inc. The cash, stock and assumption of debt deal is worth $20 million. Pleasanton's Ellie Mae is a business-to-business provider of Internet solutions for the mortgage industry, bridging the gap among consumers, mortgage originators, lenders and settlement-service providers. Genesis 2000, based in Calabasas, is a leading provider of mortgage automation software for lending institutions.
Pleasanton's Ellie Mae is a business-to-business provider of Internet solutions for the mortgage industry, bridging the gap among consumers, mortgage originators, lenders and settlement-service providers. Genesis 2000, based in Calabasas, is a leading provider of mortg...
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