FISERV INC acquired Community Financial Services business (ACI Worldwide), a transaction completed in March 2016, structured as Asset acquisition from ACI Worldwide, Inc.; acquired together with the Convenience Pay Services business (from Hewlett Packard Enterprise) for an aggregate purchase price of $265 million; individual price not disclosed..
Community Financial Services business (ACI Worldwide) operates in Financial, is based in United States. The Community Financial Services business, acquired from ACI Worldwide, Inc., strengthened Fiserv's suite of digital banking and payments solutions for community financial institutions. Fiserv completed the purchase of certain assets of the business on March 3, 2016.
Enhanced Fiserv's digital banking and payments capabilities for community financial institutions.
Advisory firms were not disclosed for this transaction.