Printer Friendly

Deal snapshot: FISERV ACQUIRES BANK PAYMENT, LIQUIDITY MANAGEMENT SOFTWARE PROVIDER DOVETAIL.

MANews-(C)2009-2017

Wisconsin, US-based financial services technology solutions provider Fiserv, Inc. (NASDAQ: FISV) has acquired bank payments and liquidity management solutions provider Dovetail Group Ltd. to create a combination for Fiserv to deliver differentiated value for financial institutions, the company said.

The company said the acquisition enables Fiserv to help financial institutions transform their payments infrastructure to meet the evolving needs of wholesale, commercial and retail customers. Dovetail payments platform provides the foundation for Fiserv to offer financial institutions a broader range of solutions and services.

Country: USA

Sector: Banking/Financial Services

Target: Dovetail Group Ltd

Buyer: Fiserv, Inc

Vendor:

Deal size in USD:

Type: Corporate Acquisition

Financing:

Status: Closed

Buyer advisor: , ,

Comment: Terms of the deal were not disclosed

COPYRIGHT 2017 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2017 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:M & A Navigator
Date:Aug 22, 2017
Words:121
Previous Article:Deal snapshot: ENERGY FUTURE HOLDINGS TERMINATES BERKSHIRE HATHAWAY ENERGY PROPOSAL TO ACQUIRE ONCOR.
Next Article:Deal snapshot: BENTALL KENNEDY ACQUIRES OREGON CLINIC PROPERTY TO EXPAND MEDICAL OFFICE BUILDING PORTFOLIO.
Topics:

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters