(Bloomberg) -- Fidelity National Information Services, a provider of banking and payments technology, agreed to buy software maker SunGard Data Systems in a deal valued at $9.1 billion, including the assumption of debt.
FIS, as the firm is known, will issue a combination of cash and stock to acquire all of SunGards equity, Jacksonville, Florida-based FIS said Wednesday in a statement. The combined company will have more than $9.2 billion in annual revenue, 55,000 employees and operate in more than 100 countries, according to the statement.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access