Tuesday, February 5, 2013

Fiserv's Acquisition Solves Open Solution's Massive Debt Woes


With its recent acquisition by Fiserv Inc., banking and credit union customers can stop worrying
about the financial stability of Open Solutions Inc., and again look forward to enhancements to
the company’s core product, the DNA platform.

On Jan. 14, Fiserv announced it had acquired Glastonbury, Conn.-based Open Solutions, which
had been previously backed by the Carlyle Group and Providence Equity Partners.

(See my complete column on the topic in Banker & Tradesman)

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