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Fidelity National Information Services Inc (FIS.N)

FIS.N on New York Stock Exchange

80.41USD
27 Mar 2017
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Thu, Feb 2 2017

FIS to sell public sector, education unit to Vista Equity for $850 million

Software maker Fidelity National Information Services Inc (FIS) is to sell its SunGard Public Sector and Education unit to Vista Equity Partners for $850 million to focus on making software for the financial industry.

BRIEF-FIS Q3 adjusted earnings $1.00/shr from cont ops

* Sees fy organic revenue growth of approximately 4.5 percent

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