Temenos Ready to Slam the Accelerator

After acquiring Malvern’s Akcelerant 18 months ago, Tenemos has moved the company into its new HQ at 40 General Warren Blvd. Above, Temenos CEO David Arnott.--photo via Business Week.

The Malvern software maker formerly known as Akcelerant is now poised to slam the accelerator on future growth. Bought by Geneva, Switzerland’s bank software creator Temenos a year and a half ago, the company can now apply its “unblinking focus” on banking and finance solutions from a new continental headquarters.

Temenos has already bolstered the local workforce by more than 20 percent since the acquisition, and it can now throttle up from 160 employees to an anticipated 500 by 2021, according to a Philly.com report by Joseph N. DiStefano.

All that room to grow awaits at the firm’s new General Warren Boulevard headquarters, which is owned by E. Kahn Development Corp. and J. Loew Associates.

Read more about the history of the acquisition and its prospects for the future on Philly.com here, and check out previous VISTA Today coverage of both Akcelerant and Temenos here and here.

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