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Metavante Corp. will continue M&A activity

Milwaukee, Wis. Metavante Corp., a provider of banking and payment technology, plans to continue its growth-by-acquisition strategy following its separation from long-time parent company Marshall & Illsley Corp.

Metavante, a wholly owned subsidiary of M&I, has completed 17 acquisitions since early 2004, all......

Full article >>> enue of $1.5 billion and had net income of $160 million in 2006, and it will have 5,500 employees at the close of the transaction. A total of 980 financial institution clients, with aggregate assets exceeding $1 trillion, are served by its core payment processing platform, and it also has one of the nation's largest electronic bill-paying platforms.

During his address to investors, Marti......

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Source:wistechnology.com By WTN News 04/04/07


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