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The purchase price was $55 million, and Fiserv assumed approximately $960 million of debt. Open Solutions is a technology provider to banks, thrifts and credit unions. Through this acquisition, Fiserv will add several new … Brookfield-based Fiserv Inc. has acquired Open Solutions Inc., a provider of collaborative, enterprise core account processing technology for financial institutions. The purchase price was $55 Through this acquisition, Fiserv will add several new technologies to its offerings. Both firms have traditionally been big players in bank billing technology, especially after Open Solutions Fiserv, Inc. today announced that it has acquired Open Solutions Inc., a leading provider of collaborative, enterprise core account processing technol And then there were fourFiserv acquires Open Solutions An expanded base of account processing clients, The “high quality and innovative technology” of Open Solutions’ DNA platform, and The wise use of Fiserv’s capital.
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What We Offer DNA ® 2013-01-16 Register now. Fiserv, the third-largest provider of financial services technology on the FinTech 100 ranking, Monday announced it has acquired Open Solutions, a smaller provider of core banking software. The purchase price was $55 million, and Fiserv assumed approximately $960 million of debt. Through the acquisition of the Glastonbury, Conn.-based Open Solutions, Fiserv will expand its product offerings with several new technologies, the company said in a news release.
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Fiserv will benefit from Fiserv has a shot to make the Open Solutions acquisition a massive success, especially in the credit union core market. To do that, Fiserv will have to be hyper-focused on delivering what Open Solutions was never able to deliver. Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that it has acquired Open Solutions Inc., BROOKFIELD, Wis.--(BUSINESS WIRE)--Oct. 31, 2018-- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced the completion of its acquisition of the debit card processing, ATM Managed Services and MoneyPass ® surcharge free network of Elan Financial Services, a unit of U.S. Bancorp (NYSE: USB).
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Open Solutions, Inc. — account processing DNA platform. Fiserv "Fiserv Acquires Competitor Open Solutions". Reviews from Fiserv employees about Fiserv culture, salaries, benefits, work-life balance, management, job Fiserv acquired Open Solutions on Jan 15, 2013. Its deal to acquire Ondot Systems, a digital card solutions platform, aims to capitalize on the Fiserv wants to bring open banking, payment apps downmarket. Open.
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The purchase price was $55 million, and Fiserv assumed approximately $960 million of debt. Open Solutions is a technology provider to banks, thrifts and credit unions. Through this acquisition, Fiserv will add several new […] Brookfield-based Fiserv Inc. has acquired Open Solutions Inc., a provider of collaborative, enterprise core account processing technology for financial institutions.
Fiserv touted three key strategic benefits to the transaction:
Fiserv acquired Open Solutions in a deal announced this morning, adding Open Solutions' technologies - such as parts DNA core processing platform - to Fiserv's offerings.
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For Fiserv, the acquisition of Open Solutions and its DNA account processing platform "has filled a void in our service offering to grow market share around real-time capabilities, particularly for the in-house delivery model," says Teri Carstensen, president of bank solutions for Fiserv. Fiserv Acquires Open Solutions in $55M Deal.
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Fiserv On January 14 Fiserv announced that it closed the acquisition of the equity of Open Solutions for $55 million.
BROOKFIELD, Wis. — Fiserv announced earlier this week that it has acquired Open Solutions, a provider of collaborative, enterprise core account synopsis: Fiserv, Inc., a leading global provider of financial services technology solutions, announced that it has acquired Open Solutions Inc., a leading provider of collaborative, enterprise core account processing technology for financial institutions.