FIS said it has completed the acquisition of global payments company Worldpay. With this acquisition, FIS consolidates its position as a global leader in technology and solutions for merchants, banks and capital markets. The combined company will have over $12 billion in pro forma revenue and more than 55,000 employees. With a best-in-class portfolio of solutions for payments, banking and capital markets, the company is now positioned to accelerate its growth and advance the way the world pays, banks and invests. FIS chairman, president and CEO Garry Norcross said this transformative combination significantly enhances the scale, portfolio and global footprint of FIS to help its clients capitalize on growth opportunities at a time of rapid marketplace change. Analysts described the combination of FIS and Worldpay as enhancing FIS’s overall acquiring and payment offerings, positioning the company to offer best-in-class enterprise banking, payments, capital markets, and global eCommerce capabilities to financial institutions and businesses worldwide.
