Fidelity National Information Services and Metavante have come together to create FIS

In a world of giant generalists and niche specialists, FIS offers the best of both—the breadth of products and depth of knowledge to solve any problem, and the scale and focus to handle the most complex problems with expertise and outstanding customer service. Behind all of this lies one thing that sets us apart: our people—over 25,000 strong—whose collective drive and ability to anticipate and solve problems before they exist, whose relentless pursuit of innovation, and borderline obsession with our clients, means that we never settle.

FIS Completes Metavante Technologies Acquisition

Fidelity National Information Services, Inc. (NYSE: FIS) today announced the completion of its acquisition of Metavante Technologies, Inc. (NYSE: MV). Under terms of the merger agreement, FIS acquired all of the outstanding shares of Metavante common stock, with each Metavante shareholder receiving 1.35 shares of FIS common stock for each share of Metavante common stock held. 

Today, the company also introduced a new corporate identity and logo. The combined company will be known as FIS, reflecting a strong global financial technology brand. This combination reinforces FIS’ position as the world’s largest provider of banking and payments technology.

“The combined scale, complementary product capabilities and market breadth of these two great companies will drive significant competitive advantages in the increasingly dynamic marketplace,” stated William P. Foley, II, FIS chairman. “This transaction will further strengthen FIS’ competitive position as a leading global provider of technology solutions and enable us to generate increased value for shareholders and customers.”

“With the completion of this strategic and transformative transaction, FIS has now enhanced its ability to deliver products and services, execute on a client cross-sales business model, and continue to grow globally,” said Frank Martire, FIS president and chief executive officer. “We will continue to make business and product investments and we will strategically integrate our products, where it makes sense to do so in order to deliver high-value solutions to our clients and prospects.”

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