|
|
News Breaks | | | | September 13, 2012 | | 08:24 EDT |  | ACIW | ACI Worldwide acquires Distra to accelerate agile payments solution strategy
ACI Worldwide announced that it has signed a definitive agreement to acquire payments software provider Distra Pty Ltd. The integration of ACI and Distra technologies will enable financial institutions, processors and retailers to enhance the flexibility and performance of their existing payments infrastructure to address market needs, such as mobile, social channels and payment services hubs. In addition, this acquisition will enable ACI's payments products to integrate more tightly with customers' enterprise architectures, reducing their total cost of ownership. The purchase price is $48.75M in cash. This technology investment does not change the company's 2012 guidance range. The acquisition of Distra will close within five business days subject to customary closing conditions. | |
|
News For ACIW From The Last 14 Days Check below for free stories on ACIW the last two weeks. |
|
|
| There are no results for ACIW |
|
|
|
|
|
|
