Fiserv Buys ACI Worldwide's Community Financial Services for $200 million in Cash
- 9 years 11 months ago
- M&A Deals
ACI Worldwide is to exit the community bank and credit union market, selling its Community Financial Services business to Fiserv for $200 million in cash. The transaction includes employees and customer contracts as well as technology assets and intellectual property. Phil Heasley, president and CEO, ACI Worldwide, says the move enables the company to focus resources and energy on the provision of real-time electronic and e-commerce payments for... more
PwC Announced Acquisition of Outbox Group
- 9 years 11 months ago
- M&A Deals
PwC has today announced that it has conditionally agreed to acquire a leading European technology consulting business, Outbox Group, bolstering its ability to offer specialised cloud-based solutions and transformational services for clients across the UK and Europe.
Mindrtree to Acquire Magnet 360, a Salesforce Platinum Consulting Partner
Mindtree today announced that it has signed a definitive agreement to acquire Magnet 360, a Salesforce Platinum consulting partner. Magnet 360 brings strong expertise across Salesforce Sales, Service and Marketing Cloud implementations. Combined with Mindtree’s established Salesforce practice, this acquisition positions the company for leadership in addressing the fast-growing cloud-based services market.
Equinix Announces Acquisition Telecity Group
- 9 years 11 months ago
- M&A Deals
Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced that it has completed the acquisition of TelecityGroup plc in a transaction valued at approximately $3.8 billion (£2.6 billion).
Telit Announces Acquisition of Wireless Communications Assets
- 9 years 11 months ago
- M&A Deals
Telit, a global enabler of the Internet of Things (IoT), today announced that it has agreed to acquire Bluetooth, Bluetooth Low Energy (BLE) and Near Field Communication (NFC) assets in hardware and software from Stollmann Entwicklungs und Vertriebs Gmbh (“Stollmann”) in Hamburg, Germany. Stollmann is a global player in the Bluetooth and NFC business, designing, developing and manufacturing cutting-edge, low-power Bluetooth modules and highly... more
FD Trumpets Acquisition of QuantumKDB
- 9 years 11 months ago
- M&A Deals
FD, a leading provider of software and consulting services, announces that it has acquired the entire issued share capital of QuantumKDB (UK) Limited (“Quantum”) for total consideration of up to £2.2m. The acquisition provides the Group with complementary consultancy expertise to support the growth of its Kx business and is expected to be earnings enhancing in the first full year following acquisition*. Acquisition rationale
CBIZ to Acquire Millimaki Eggert
- 9 years 12 months ago
- M&A Deals
CBIZ today announced that it has acquired the non-attest business of Millimaki Eggert, L.L.P., ("Millimaki Eggert") of San Diego, CA, effective January 1, 2016. Concurrent with the transaction, Mayer Hoffman McCann P.C. announced the acquisition of the attest business of Millimaki Eggert. CBIZ, Inc. and Mayer Hoffman McCann P.C. operate an alternative practice structure. The two companies are separate and independent legal entities that work... more
FinTech Ventures Fund to Acquire Shares of IOU Financial Inc
- 9 years 12 months ago
- M&A Deals
FinTech Ventures Fund, announced today pursuant to National Instrument 62-103 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues that it has acquired ownership of 8,878,905 common shares ("Common Shares") of IOU Financial Inc, pursuant to a Share Purchase Agreement dated December 31, 2015, between FinTech and Qwave Capital.
EchoSat Announces Acquisition of SmartLink
EchoSat announced today that it has acquired the SmartLink™ division of Heartland Payment Systems (NYSE: HPY), one of the nation’s largest payment processors. With the addition of Heartland SmartLink’s Secure Payment Gateway (SPG) and managed network services, EchoSat will serve more than 21,000 merchant locations in the petroleum/convenience store, quick service restaurant and supermarket industries.
Keylane Acquires GENEVA-ID
- 10 years 1 week ago
- M&A Deals
The acquisition strengthens Keylane's insurance presence in the DACH region, enriches its product portfolio with new functionality and provides for local delivery capabilities.
Wipro Announced Acquisition of Viteos Group
- 10 years 1 week ago
- M&A Deals
Wipro, a leading global information technology, consulting and business process services company today announced that it has signed a definitive agreement to acquire Viteos Group, a BPaaS provider for the Alternative Investment Management Industry for a purchase consideration of USD 130 million.
Fairfax Announced Acquisition of Eurolife's 80% Interest
- 10 years 1 week ago
- M&A Deals
Fairfax Financial Holdings Limited announced that it has entered into an agreement with Eurobank to acquire an 80% interest in Eurolife ERB Insurance Group Holdings S.A. ("Eurolife") for a purchase price of EUR316 million. The transaction is subject to customary closing conditions, including various regulatory approvals, and is expected to close by the end of the third quarter of 2016.
Ingram Micro Announces Acquisition of Grupo ACAO
Ingram Micro Inc. (NYSE: IM) today announced that it has entered into a definitive agreement under which, subject to closing conditions, Ingram Micro will acquire Sao Paulo, Brazil-based Grupo AÇÃO (AÇÃO), one of Latin America's leading providers of critical value-add IT solutions. In addition to a portfolio of higher value products, including those from strategic vendors such as IBM, Oracle, Red
Inspur and Diebold Form Inspur Financial Information Systems
- 10 years 2 weeks ago
- M&A Deals
Diebold, Incorporated (NYSE: DBD) today announced it is forming a new joint venture with a subsidiary of the Inspur Group, a Chinese cloud computing and data center company, to develop, manufacture and distribute financial self-service solutions in China. Inspur will hold a majority stake of 51 percent in the new joint venture, which will be named Inspur Financial Information Systems, Ltd. The joint venture will offer a complete range of self-... more
Wells Fargo Enters Agreement with Zurich to Sell Crop Insurance Business
- 10 years 2 weeks ago
- M&A Deals
-Wells Fargo & Company (NYSE: WFC) has entered into an agreement with Zurich American Insurance Company (ZAIC), a subsidiary of Zurich Insurance Group, to sell its crop insurance business, Rural Community Insurance Services (RCIS), and its subsidiary Rural Community Insurance Company (RCIC). The transaction is expected to close by the end of Q1-2016.
