Acquisition facilitates FIS' way to invest in new innovation Combination makes one of the top mobile organizations in the financial services space Transaction predicted to shut by the end of the first quarter Expanding on its leadership position in mobile financial services, FIS™ (NYSE: FIS), the biggest company of financial and expenses technological innovation, these days declared it has finalized a specified contract to obtain the staying 78 % attention in mFoundry, a major company of mobile financial and payment alternatives for loan companies and suppliers. Previous to this deal, FIS held a 22 % attention in the company. The inclusion of mFoundry makes one of the top mobile organizations in the financial services area and allows FIS to make use of its technological innovation resources across a wider consumer base.
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