Fidelity Information Services (FIS), a global financial services technology company, announced Monday (March 18) it is merging with Worldpay, the global eCommerce and payments company, in a roughly $35 billion dollar deal.
In a press release, FIS said the deal expands its capabilities by enhancing its acquiring and payment offerings. For Worldpay, it expands its distribution footprint and accelerates its entrance into new regions. Once the deal is closed, the combined company will offer enterprise banking, payments, capital markets and global eCommerce services to financial institutions and businesses around the world.
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