FIS agrees to buy SunGard for $9.1 billion

Started by thelakelander, August 12, 2015, 11:30:42 AM

thelakelander

Congrats to FIS. I wonder if this will result in additional jobs for Jax?

QuoteBy Mark Basch, Contributing Writer

After weeks of rumors of a possible deal, Fidelity National Information Services Inc. announced Wednesday morning that it agreed to buy SunGard for $9.1 billion.
Jacksonville-based Fidelity National Information Services, or FIS, said the merger will create a company with $9.2 billion in annual revenue that offers a range of financial technology services.

The two companies will have more than 55,000 employees serving clients in more than 100 countries, FIS said.

Full article: http://www.jaxdailyrecord.com/showstory.php?Story_id=545936
"A man who views the world the same at 50 as he did at 20 has wasted 30 years of his life." - Muhammad Ali

jaxlore

Hmmm not sure on that front Sungard already has a presence in two different locations on the Southbank.