M&A Deal Summary

FIS Global Acquires Metavante Technologies

On March 31, 2009, FIS Global acquired information technology company Metavante Technologies

Acquisition Highlights
  • This is FIS Global’s 3rd transaction in the Information Technology sector.
  • This is FIS Global’s 6th transaction in the United States.
  • This is FIS Global’s 1st transaction in Wisconsin.

M&A Deal Summary
Date 2009-03-31
Target Metavante Technologies
Sector Information Technology
Buyer(s) FIS Global
Deal Type Add-on Acquisition

Target

Metavante Technologies

Milwaukee, Wisconsin, United States
Metavante Technologies, Inc. is a provider of IT solutions to banking industry.

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Buyer(S) 1

Buyer

FIS Global

Jacksonville, Florida, United States
Category Company
Founded 1968
Sector Financial Services
Employees60,000
Revenue 9.8B USD (2023)
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 issuer 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 6 of 22
Sector (Information Technology) 3 of 5
Type (Add-on Acquisition) 6 of 18
State (Wisconsin) 1 of 2
Country (United States) 6 of 20
Year (2009) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-12 eFunds

Scottsdale, Arizona, United States

eFunds Corp., is a provider of risk management, electronic payments and global outsourcing solutions. With the unique ability to take an integrated view of enterprise payments and data & decisioning, EFD provides financial services companies and other large enterprises with business insight to make better new account decisions, improve fraud detection and management and streamline payment processing.

Buy $1.8B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-01 Metavante

Milwaukee, Wisconsin, United States

Metavante Corp. is a financial services technology company providing integrated banking and payments products and services to banks, retailers, healthcare providers and government entities. Metavante provides core processing technology to run bank operations including account processing for deposit, loan and trust systems, e-banking, risk and compliance and commercial treasury.

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