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  6. FIS Global Acquires Memento

M&A Deal Summary

FIS Global Acquires Memento

On April 23, 2012, FIS Global acquired software company Memento

Acquisition Highlights
  • This is FIS Global’s 3rd transaction in the Software sector.
  • This is FIS Global’s 11th transaction in the United States.
  • This is FIS Global’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2012-04-23
Target Memento
Sector Software
Buyer(s) FIS Global
Deal Type Add-on Acquisition

Target

Memento

Burlington, Massachusetts, United States
Memento, Inc., a provider in enterprise fraud management, delivers next-generation fraud solutions through its award-winning enterprise platform that helps protect financial institutions from wide-ranging, costly threats and enables key stakeholders to measure the true value of loss prevention investments.

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Buyer(S) 1

Buyer

FIS Global

Jacksonville, Florida, United States
Category Company
Founded 1968
Sector Financial Services
Employees50,000
Revenue 10.1B USD (2024)
DESCRIPTION
FIS' corporate headquarters in Jacksonville, Florida.
FIS' corporate headquarters in Jacksonville, Florida.

FIS Global is a provider of core processing for financial institutions, card issuers, and transaction processing services, and outsourcing services to financial institutions and retailers. FIS Global was incorporated in 1968 and is based in Jacksonville, Florida.

DEAL STATS #
Overall 12 of 25
Sector: Software M&A 3 of 8
Type: Add-on Acquisition M&A Deals 12 of 20
State: Massachusetts M&A 1 of 1
Country: United States M&A 11 of 22
Year: 2012 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-23 ICS Risk Advisors

New York, New York, United States

ICS Risk Advisors, a full-service risk management firm, develops, implements, maintains and reviews enterprise risk management and regulatory compliance programs for hundreds of financial institutions, spanning from the financial institutions to community banks.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-02 Pronet Solutions

Phoenix, Arizona, United States

Pronet Solutions, Inc., provides IT services.

Buy $24M
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