FIS Acquires mFoundry for $120,000,000

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  • Mailing Address
    60 E. Sir Francis Drake Larkspur, CA 94939
  • Company Description
    mFoundry provides the only equitable mobile banking and payments solution for financial institutions and wireless carriers. mFoundry’s Spotlight Financial Platform is a cross-carrier, cross-platform solution with the broadest device support of any competitor.
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  • Proceeds Purposes
  • M&A Terms
    FIS acquired the remaining 70% interest in mFoundry for approximately $120 million in cash.

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