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No IPO as FIS to Pay $9 Billion for SunGard

August 13, 2015 by Eugene Grygo

Financial products and services giant SunGard will not be facing an IPO as some had speculated as banking and payments technology provider Fidelity National Information Services (FIS) will be acquiring the Wayne, Pa.-based company for $9.1 billion, according to FIS officials. FIS officials add that the combined company will have more than $9.2 billion in… Read More >>

Filed Under: Securities Operations, Industry News, Mergers & Acquisitions, FinTech Trends, Industry News Tagged With: Fidelity National Information Systems, SunGard

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