Form 8-K ACI WORLDWIDE, INC. For: Nov 02

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Go back to Form 8-K ACI WORLDWIDE, INC. For: Nov 02

ACI Worldwide (ACIW) Tops Q3 EPS by 2c; Enters Agreement to Acquire PAY.ON

November 4, 2015 5:04 PM EST

ACI Worldwide (NASDAQ: ACIW) reported Q3 EPS of $0.13, $0.02 better than the analyst estimate of $0.11. Revenue for the quarter came in at $239 million versus the consensus estimate of $246.02 million.

ACI Worldwide and PAY.ON, a leader in eCommerce payment gateway services, today announced that they have entered into a definitive transaction agreement. Under the terms of the agreement, ACI will acquire 100 percent of the equity of PAY.ON in a combination of cash and stock valuing the company at 180 million (approximately $200 million).

Based in Munich, Germany, PAY.ON delivers a white label global payment... More