FISERV INC acquires Ondot Systems, Inc.

FISERV INC acquired Ondot Systems, Inc. for $271 million, a transaction completed in January 2021, structured as All-cash.

Ondot Systems, Inc. operates in Payments / digital experience platform. Ondot Systems, Inc. ('Ondot') is a digital experience platform provider for financial institutions; Fiserv previously held a noncontrolling equity interest and acquired the remaining ownership interest, expanding its digital capabilities and integrated suite for financial institutions.

It further expands Fiserv's digital capabilities, enhancing its suite of integrated payments, banking and merchant solutions.

Disclosed in Fiserv's FY21 Form 10-K; integrated into the noted operating segment.

Ondot Systems, Inc. ('Ondot') is a digital experience platform provider for financial institutions; Fiserv previously held a noncontrolling equity interest and acquired the remaining ownership interest, expanding its digital capabilities and integrated suite for financial institutions.Fiserv FY21 Form 10-K, Acquisitions note

Advisory firms were not disclosed for this transaction.

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