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Fidelity National Financial here, a Fortune 500 provider of products and outsourced services and solutions to financial institutions and the real estate industry, and Malvern, Pa.-based Sanchez Computer Associates, a company that develops and markets scalable and integrated software and services that provide banking, customer integration, outsourcing and wealth management solutions to about 400 financial institutions in 22 countries, have signed a merger agreement pursuant to which FNF will acquire Sanchez.
In a prepared statement, FNF chairman and chief executive officer William P. Foley II said that this acquisition "underscores FNF's commitment to provide the marketplace with another alternative that moves financial institutions from legacy to future-state, real-time platforms. Sanchez's ...
Source: HighBeam Research, Fidelity National Buys Sanchez Computer.(Brief Article)