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Latest Key Developments (Source: Significant Developments)

ACI Worldwide Inc Raises FY 2013 Guidance; Comments On H1 2013 Revenue Guidance
Thursday, 2 May 2013 05:30am EDT 

ACI Worldwide Inc announced that it is increasing fiscal 2013 guidance to account for the recently completed Online Resources acquisition. The Company now expect fiscal 2013 non-GAAP revenue to be between $895 and $915 million, non-GAAP operating income of between $170 and $180 million and adjusted EBITDA of between $266 million and $276 million. The Company expect revenue in the first half of 2013 to represent roughly 41-42% of full year total.  Full Article

ACI Worldwide Inc Completes Acquisition of Online Resources Corp
Monday, 11 Mar 2013 08:00am EDT 

ACI Worldwide Inc announced that it has completed the acquisition of Online Resources Corp. The acquisition adds Electronic Bill Presentment and Payment (EBPP) solutions as a strategic part of ACI's Universal Payments portfolio. Under the terms of the agreement, ACI acquired Online Resources in an all cash transaction for $3.85 per share.  Full Article

ACI Worldwide Inc Issues FY 2013 Guidance; EBITDA Guidance ABove Analysts' Estimates
Thursday, 28 Feb 2013 06:00am EST 

ACI Worldwide Inc announced that for calendar year 2013, it expects revenue in a range of $765-$785 million, operating income in the range of $150-$160 million and Adjusted EBITDA in the range of $230-$240 million. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $780 million, EBITpo of $154 million and EBITDA of $210 million for fiscal 2013.  Full Article

ACI Worldwide Inc Announces Early Termination Of HSR Waiting Period For Acquisition Of Online Resources Corporation
Tuesday, 19 Feb 2013 08:34am EST 

ACI Worldwide Inc announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvement Act of 1976 (HSR) in connection with ACI's tender offer for common stock of Online Resources Corporation was terminated early on February 15, 2013 by the U.S. Federal Trade Commission. The waiting period was scheduled to expire on February 21, 2013. The tender offer will remain open for Online Resources shareholders to tender their shares until 12:00 midnight, New York City time, at the end of March 8, 2013, unless it is extended in accordance with the parties agreement.  Full Article

ACI Worldwide Inc Announces Acquisition Of Online Resources Corp
Wednesday, 30 Jan 2013 11:52pm EST 

ACI Worldwide Inc and Online Resources Corp announced that they have entered into a definitive transaction agreement. Under the terms of the agreement, ACI Worldwide will acquire Online Resources in an all cash transaction for $3.85 per share. The boards of directors of both companies have approved the transaction. Online Resources is a provider of hosted online banking and bill payment solutions, providing its services to over 1,000 financial institutions and billers. ACI Worldwide and Online Resources have entered into a definitive transaction agreement under which ACI Worldwide would acquire Online Resources for $3.85 per share in cash in a transaction valued at an enterprise value of approximately $263 million, which includes the redemption of Online Resources' preferred stock. ACI Worldwide will commence a cash tender offer to purchase all outstanding shares of common stock of Online Resources no later than February 15, 2013. Upon the successful closing of the tender offer, stockholders of Online Resources will receive $3.85 per share in cash for each share of Online Resources common stock validly tendered and not validly withdrawn in the offer, without interest and less any applicable withholding taxes. The closing of the tender offer is anticipated to close at the end of first quarter of 2013.  Full Article

ACI Worldwide Inc Reiterates CY 2012 Guidance
Thursday, 8 Nov 2012 04:02pm EST 

ACI Worldwide Inc reiterated its calendar year 2012 guidance and expects Non-GAAP revenue to achieve a range of $706-$716 million, Non-GAAP Operating Income of $122-$127 million and Adjusted EBITDA of $188-$193 million. All guidance metrics exclude the impact of $23 million of deferred revenue that would have been recognized in the normal course of business by S1 but was not recognized due to GAAP purchase accounting requirements. The Non-GAAP Operating Income and Adjusted EBITDA also exclude $31 million of acquisition and integration related one-time expenses. Previous guidance given on July 26, 2012 did not consider the aforementioned $23 million impact of the S1 deferred revenue adjustment, as follows: GAAP Revenue $683-$693 million, non-GAAP Operating Income of $99-$104 million, and Adjusted EBITDA of $165-$170 million.  Full Article

ACI Worldwide Inc Acquires Distra Pty Ltd
Thursday, 13 Sep 2012 08:23am EDT 

ACI Worldwide Inc announced that it has signed a definitive agreement to acquire payments software provider Distra Pty Ltd (Distra). The purchase price is USD48.75 million in cash. The acquisition of Distra will close within five business days.  Full Article

Agricultural Bank of China Selects ACI Worldwide Inc to Power Payment Processing And Anti-Money Laundering Systems For U.S. Launch
Monday, 30 Jul 2012 08:00am EDT 

ACI Worldwide announced about an an agreement first reached earlier this year, with the Agricultural Bank of China to implement ACI Money Transfer System and ACI Proactive Risk Manager as its wholesale payment processing and anti-money laundering (AML) solution to facilitate its expansion into the U.S. market.  Full Article

ACI Worldwide Inc Reiterates CY 2012 Guidance
Thursday, 26 Jul 2012 06:45am EDT 

ACI Worldwide Inc reiterated full year 2012 guidance for non-GAAP operating income and adjusted EBITDA ranges of $99-$104 million and $165-$170 million respectively. The Company is revising revenue range to reflect both foreign exchange movement year-to-date as well as incremental purchase accounting adjustments. For the calendar year 2012, it expects GAAP revenue to achieve a range of $683-$693 million, non-GAAP operating income of $99-$104 million and Adjusted EBITDA of $165-$170 million. Guidance for the year excludes $31 million of acquisition related fees; inclusive of $16 million of professional fees and transaction-related expenses largely incurred in the first quarter as well as $15 million of facilities and IT infrastructure related costs identified during the second quarter.  Full Article

ACI Worldwide Inc Reiterates CY 2012 Guidance
Thursday, 3 May 2012 06:45am EDT 

ACI Worldwide Inc reiterated annual guidance. Guidance for calendar year 2012 is; revenue to achieve a range of $696-706 million, Operating Income of $99-104 million and Adjusted EBITDA of $165-170 million. Guidance for the year excludes the impact of professional fees and transaction-related expenses associated with the acquisition of S1 Corporation.  Full Article

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