New owner claims added strategic bill pay capabilities, broadened online banking portfolio; promises continued support and R&D.
After rejecting its initial bid this summer, S1 Corp. has agreed to be acquired by ACI Worldwide Inc., the electronic payments and online banking companies said.
ACI Worldwide Inc. will buy S1 Corp., the companies announced Monday, and combine their global payments and online banking presence.
Deal puts apparent end to Fundtech-S1 Corp. merger; S1 also target of hostile takeover bid from ACI.
S1 Corp. says it will look at the takeover offer it got this week from ACI Worldwide but that its Fundtech merger plans remain in place.