Wed, Aug. 12, 7:37 AM
- Fidelity National Information Services (NYSE:FIS) agrees to acquire financial software maker SunGard Data Systems for $9.1B in cash and stock, including debt.
- FIS says the combined company will have more than $9.2B in annual revenue and more than 55K employees.
- SunGard had filed with U.S. regulators last month for an IPO.
Jan. 31, 2013, 10:33 AMFidelity National Information Services (FIS) purchases the remaining 78% stake it did not have in mFoundry for about $120M in cash. Backed by big banking and payments players, mFoundry provides mobile payments and banking services to BofA, PNC, and Zions Bancorp, among others. (PR) | Jan. 31, 2013, 10:33 AM | Comment!
Jun. 25, 2012, 9:37 AM
Aug. 4, 2011, 3:57 AMFidelity National (FIS) is no longer in talks to buy Misys Plc (MUSJF.PK), a provider of software for the financial industry. Misys had been hoping the resolution of the U.S. debt crisis would allow FIS to obtain financing for a higher offer, and withdrew from talks when the offer didn't materialize. Misys -16.2% in London. | Aug. 4, 2011, 3:57 AM | Comment!
FIS vs. ETF Alternatives
Fidelity National Information Services Inc provides banking and payments technologies solutions. Its segments includes Financial Solutions Group, Payment Solutions Group, International Solutions Group, Corporate and Other.
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