Fiserv acquires Open Solutions in $850 million deal

Fiserv Inc. has acquired a Connecticut company in an $850 million deal.

Open Solutions Inc., based in Glastonbury, Conn., provides account processing technology for financial institutions.

Open Solutions serves more than 3,300 clients around the world, including more than 800 account processing clients.

Fiserv will add several new technologies through the acquisition, including DNA, “a real-time, open technology account processing platform.”

 

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