Sources: PE firm Silver Lake intends to merge French software companies Cegid and Silae in a €10B+ deal, allowing them to combine data and integrate software (Financial Times)

Silver Lake is planning a merger of French software firms Cegid and Silae valued at more than €10 billion. The combination will allow the companies to pool their data assets and integrate their payroll and HR software platforms, creating a larger, unified offering for enterprise customers.