The AIM-listed company, which was valued at GBP890mln based on Friday’s closing price, said it is in talks with TPG Capital and Vista Equity Partners regarding possible offers.
READ: London’s defence sector to become a little less British as Meggitt, Ultra Electronics agree to international takeovers
It stressed there is no certainty a deal will go ahead at this stage.
Blue Prism is a pioneer in the automation software space: in essence, it makes ‘digital workers’ and provides solutions for enterprises to organise them, to help clients automate their operations.
Pets at Home brought in a team of Blue Prism digital workers to help its human workers manage the sharp increase of customer inquiries through digital channels. ????????
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— Blue Prism (@blue_prism) August 27, 2021
Last year, Nvidia Corporation agreed to buy UK chipmaker Arm for US$40bn in a mixture of cash and shares from its Japanese owner, SoftBank.
British tech players may feel undervalued by the domestic market and end up departing for better offerors.
Shares in Blue Prism climbed 37% to 1,140p on Tuesday before close.