ACI Worldwide ACIW, a leading international provider of payment
systems, announced today it has completed the acquisition of Online Resources
Corporation ORCC, a leading provider of online banking and full
service bill pay solutions. The acquisition adds Electronic Bill Presentment
and Payment (EBPP) solutions as a strategic part of ACI's Universal Payments
portfolio. It also strengthens ACI's online banking capabilities with
complementary technology, and expands the company's leadership in serving
community banking and credit union customers.
Under the terms of the agreement, ACI acquired Online Resources in an all cash
transaction for $3.85 per share. ACI will update investors on the financial
implications of the acquisition on our upcoming Q1 conference call.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in