Fiserv Acquires The Data Center from Compass Bank

03.11.08 - 15:54 ... source : Fiserv

... Acquisition extends Fiserv's outsourcing services throughout Texas BROOKFIELD, Wis., Nov 03, 2008 (BUSINESS WIRE) -- Fiserv, Inc. (NASDAQ: FISV), a leading provider of information technology services to the financial industry, today announced it has acquired The Data Center (TDC) based in Grapevine, Texas, from Compass Bank. Terms of the sale were not disclosed. TDC was a licensee and reseller of the Fiserv ITI Premier(R) core banking system, which is available for either outsourced or in-house account processing, and offers products and associated consulting services for virtually every banking function. Fiserv is acquiring all of The Data Center's assets and contracts, and the center's 30 employees will become employees of Fiserv. "This acquisition allows Fiserv to extend our core footprint and increase our ITI Outsourcing presence in the Texas marketplace through new expansion in the Dallas and Rio Grande Valle ...» Next (HTML)