Symphony Technology Group remains in speak to get parts of Fidelity National Information Services’ capital markets company in an offer that might be valued at about $2 billion, according to individuals acquainted with the matter.
The technology-focused personal equity company might reveal a purchase of the possessions as quickly as next week, among individuals stated, asking not to be recognized talking about secret information. They consist of FIS’s treasury management, alternative-trading and algorithm-based trading platforms, a different individual stated.
No decisions have actually been taken and FIS might still choose versus a sale, individuals stated. Representatives for FIS and Symphony didn’t instantly react to ask for remark.
Jacksonville, Florida-based FIS uses payment processing and other services to banks. The business accepted purchase the payments giant Worldpay for about $43 billion in 2019.
Founded in 2002, Symphony Technology buys software application, information analytics and software-enabled innovation services business, according to its site.