Dog days August equal fintech deals
Create a vendor selection project & run comparison reports
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.
12 August 2015Brad Bailey
In last several hours, we have seen major deals in the financial services. SunGard after a decade of private equity ownership has been acquired by Fidelity National Information Services Inc. (FIS) in a $9.1 billion deal, pre-empting a previously discussed IPO. The SunGard deal will expand FIS further into banking and capital markets creating a combined company with $9.2 billion in revenue. Additionally, Markit acquired CoreOne, a provider of regulatory reporting, index management, data management and prime brokerage services to financial institutions for a reported $200 million. If that is not enough, CSC is buying Fixnetix, provider of front-office managed trading software for capital markets. Financial terms were not disclosed for the Fixnetix deal.
Industry or Business Focus
Asia-Pacific, EMEA, LATAM, North America