Post Tagged with: "ORCC"

A Thin Field for More Deals like FIS’s Acquisition of mFoundry

A Thin Field for More Deals like FIS’s Acquisition of mFoundry

by February 11, 2013 at 11:10 am 2 comments

When the FIS acquisition of mFoundry was announced last week — along with ACI Worldwide’s acquisition of Online Resources — analysts nodded, not surprised. FIS already held a stake in mFoundry and re-sold its solution. The deal made sense for both sides. So we should expect more of this, right?Read More

FIS to Buy mFoundry for $120 Million

by January 31, 2013 at 12:01 pm 2 comments

Mobile banking platform provider mFoundry will be purchased by FIS for about $120 million, FIS announced today. FIS — officially Fidelity National Information Services — has a market capitalization of $10.81 billion and is one of the major financial services technology companies in the world. The news comes on the heelRead More