Fidelity National Information Services (FIS) has confirmed it has approached Misys regarding a possible cash offer for the company (see here). Over the past several weeks there has been media speculation of interest in Misys and on 21 April it confirmed it had received a preliminary approach (see Misys declares bid interest).
US-based FIS provides banking and payment software, related services and outsourcing to 14,000 financial institutions across 100 countries. It was a subsidiary of Fidelity National Financial until being spun off as a separately traded NYSE-listed company in 2006. FIS has a history of acquisitions having taken over Metavante (2009), Certegy (2006) and eFunds (2007), which have enabled it to expand its banking and payments technologies and enter into new global markets.