ACI Worldwide acquired S2 Systems, Inc., a transaction completed in July 2005. The deal was a Asset purchase.
S2 Systems, Inc. operates in Retail payments / network connectivity, is based in United States, with operations across the Middle East, Europe, Latin America and Asia/Pacific. ACI's predecessor, Transaction Systems Architects, acquired substantially all of the assets of S2 Systems, a global provider of electronic-payments and network-connectivity software serving financial-services and retail customers. S2 carried a significant international footprint across the Middle East, Europe, Latin America and Asia/Pacific, with roughly half of its revenue from outside the United States. Purchase price was not disclosed in the annual report.
S2's customer base was described as homogeneous and complementary to ACI's target markets, extending the company's reach in international payments.
Advisory firms were not disclosed for this transaction.