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Tuesday, May 19, 2020 10:12:25 PM
The SSFT and FIS Deal
Why is this Sonasoft and Fidelity National Information Services transaction a big deal?
Well, in a word, credibility.
Sonasoft holds a market capitalization of 27.86 million, while Fidelity National Information Services commands a market cap of at least $82 billion. Further, Fidelity Information Services holds several subsidiaries like WorldPay, Clear2Pay, Chex Systems, among others.
Strong Record of Value Added Acquisitions
Large organizations such as Amazon, Microsoft, and others understand the extent of the field and invest further into this technology segment each year. Even companies such as Softbank have created funds to help accelerate this trend.
Are we going to hear SSFT talking to more folks like there in the future?
I THINK SO!
Amazon just buy them out? Possible!
$SSFT
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