3198 articles tagged with this keyword
News/Mergers and acquisitions
Pan-European cash equities clearing houses EuroCCP and the European Mulitlateral Clearing Facility (EMCF) have agreed to merge their operations.
14 March 2013
The London Stock Exchange is expecting to realise EUR25 million in IT rationalisation and other cost savings as it agrees a revised £284 million cash offer to buy a majority stake in LCH.Clearnet.
07 March 2013
Payments processor Tsys has agreed to buy NetSpend, a provider of pre-paid debit cards to America's underbanked, for around $1.4 billion in cash.
20 February 2013
ION Group's acquisition spree shows no sign of ending, with the fintech firm's Pattington subsidiary agreeing to buy FFastFill in a cash deal which values the UK derivatives trading vendor at £106.1 million.
15 February 2013
The London Stock Exchange has acquired a 67% stake in Italian low latency software house Gatelab.
11 February 2013
Swiss IT integration house Swisscom is to acquire the Entris Banking IT outsourcing business of RBA-Holdings, which provides services to 41 regional and savings banks across the country.
08 February 2013
Fintech giant FIS has agreed to pay around $120 million in cash to buy the 78% stake in mobile money specialist mFoundry it does not already own.
31 January 2013
ACI Worldwide has agreed to buy online banking and bill payments specialist Online Resources in an all cash deal for $3.85 per share.
Ingenico is to acquire pan-European online payments firm Ogone from Summit Partners for EUR360 million, underpinning its strategy to become a one-stop-shop for multi-channel payments processing on the high street, on the mobile, and online.
29 January 2013
ConvergEx is selling Eze Castle Software and RealTick to private equity firm TPG Capital. Financial terms of the all-cash deal were not disclosed.
23 January 2013
Fintech vendor ION Group has acquired Financial Software Systems, a US provider of treasury management, capital market and wealth management technology. Financial terms of the deal were not disclosed.
18 January 2013
Fiserv has acquired rival fintech vendor Open Solutions for $55 million in a deal that also sees it assume around $960 million of debt.
15 January 2013
Icap has sold a 12% stake in Traiana to a group of seven bank customers in a deal valuing the foreign exchange post-trade processing platform at $300 million.
14 January 2013
Fintech giant SunGard has acquired corporate actions automation specialist XcitekSolutionsPlus (XSP). Financial terms of the deal were not disclosed.
07 January 2013
GT Nexus and TradeCard have agreed a merger deal, creating the world's biggest cloud-based business network for trade and supply chain management. Financial terms were not disclosed.
NCR has signalled its commitment to video ATM technology with the acquisition of specialist uGenius. Financial terms of the deal were not disclosed.
03 January 2013
JPMorgan Chase has bought daily deals startup Bloomspot in a move aimed at winning cardholder loyalty by offering discounts on shopping at local stores.
21 December 2012
IntercontinentalExchange (ICE) has agreed an $8.2 billion deal to acquire Nyse Euronext in a stock-and-cash transaction.
20 December 2012
Russia's Sberbank is to spend $60 million for a majority stake in Yandex.Money, the online payment business of Russian search engine Yandex.
19 December 2012
Getco has emerged as the winner in a two-way bidding war to take over Knight Capital, beating out rival Virtu with an improved £1.2 billion cash and shares offer.
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