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FIS Completes Sale of Healthcare Solutions Business - FIS ™, the world’s largest provider of banking and payments technology, today announced it has completed the previously announced sale of its Healthcare Solutions business to an investment fund affiliated with Lightyear Capital, LLC (NYSE: FIS)
FIS Completes Sale of Healthcare Solutions Business

 

NewswireToday - /newswire/ - Jacksonville, FL, United States, 2012/08/15 - FIS ™, the world’s largest provider of banking and payments technology, today announced it has completed the previously announced sale of its Healthcare Solutions business to an investment fund affiliated with Lightyear Capital, LLC (NYSE: FIS). NYSE: FIS

   
 
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The divestiture is consistent with FIS’ primary focus to serve financial institutions and to maintain leadership positions in markets where the company has meaningful scale.

About FIS

FIS (fisglobal.com) is the world’s largest global provider dedicated to banking and payments technologies. With a long history deeply rooted in the financial services sector, FIS serves more than 14,000 institutions in over 100 countries. Headquartered in Jacksonville, Fla., FIS employs more than 32,000 people worldwide and holds leadership positions in payment processing and banking solutions, providing software, services and outsourcing of the technology that drives financial institutions. First in financial technology, FIS tops the annual FinTech 100 list, is 425 on the Fortune 500 and is a member of Standard & Poor’s 500® Index.

Forward-Looking Statements
This news release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to future economic performance and are not statements of fact, actual results may differ materially from those projected. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to: changes in general economic, business and political conditions and other risks detailed in the “Statement Regarding Forward-Looking Information,” “Risk Factors” and other sections of the Company’s Form 10-K and other filings with the Securities and Exchange Commission.

For More Information:
Mary Waggoner, Senior Vice President
FIS Investor Relations
P: 904-438-6282 - E: mary.waggoner[.]fisglobal.com.

 
 
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Written by / Agency / Source: FIS

 
 

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FIS Completes Sale of Healthcare Solutions Business

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FIS |
Publisher Contact: Kim Snider - FISglobal.com 
904-438-6278 kim.snider[.]fisglobal.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any FIS securities in any jurisdiction including any other companies listed or named in this release.

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