S1 is out of one deal, still in a second deal

Posted by on September 20, 2011

Contact: Brenon Daly We now know that S1 Corp won’t be a buyer, but whether the financial software company is a seller remains an open question. Late last week, S1 scrapped its three-month-old plans to acquire Fundtech, pocketing an $11.9m breakup fee for its trouble. (That represents a not-insignificant windfall for a company that has [...]

ACI looks to crash S1′s wedding

Posted by on July 26, 2011

Contact: Brenon Daly Just a month after announcing its largest-ever acquisition, S1 Corp has found itself unexpectedly (and perhaps unwelcomely) on the other end of a potential transaction. The payments software maker agreed in late June to acquire Fundtech in a stock swap valued at $326m. On Tuesday, ACI Worldwide sought to play the spoiler [...]

IntraLinks limps onto the market

Posted by on August 6, 2010

Contact: Brenon Daly It turns out that the third time is not the charm for IntraLinks, at least not in terms of its initial valuation as a public company. IntraLinks cut the price for the 11 million shares it is selling to $13 each, down from the $14-16 range it had set. That means the [...]

Amex buys into the alternative online payments revolution

Posted by on December 9, 2009

The credit card giant’s acquisition of Revolution Money signals its desire for more of a presence in alternative online payments. We believe this is great news for an industry that to some extent is still struggling to gain relevance.

Intuit mints a rich deal

Posted by on September 18, 2009

Reaching for a new and promising market, the vendor acquired personal finance startup Mint this week at a pre-crash-level premium. What gives?

Preemptive consolidation in financial IT?

Posted by on April 14, 2009

With Fidelity National Information Services’ blockbuster acquisition of Metavante last week described as a preemptive buy, we believe 2009 is likely to be a year of consolidation in the financial IT industry. Who might be shopping?