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  6. CDSNet Acquires FMS InfoServ

M&A Deal Summary

CDSNet Acquires FMS InfoServ

On October 1, 2002, CDSNet acquired internet software and services company FMS InfoServ

Acquisition Highlights
  • This is CDSNet’s 1st transaction in the Internet Software and Services sector.
  • This is CDSNet’s 1st transaction in the United States.
  • This is CDSNet’s 1st transaction in California.

M&A Deal Summary
Date 2002-10-01
Target FMS InfoServ
Sector Internet Software and Services
Buyer(s) CDSNet
Deal Type Add-on Acquisition

Target

FMS InfoServ

Los Angeles, California, United States
FMS InfoServ has been partnering with financial institutions to provide item processing services.

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Buyer(S) 1

Buyer

CDSNet

Los Angeles, California, United States
Category Company
Founded 1979
Sector Information Technology
DESCRIPTION

CDSNet LLC is a provider of technical support and services.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2002 M&A 1 of 1
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