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ACI Worldwide To Acquire Euronet Essentis

November 18, 2009 (FinancialWire) — ACI Worldwide, Inc. (NASDAQ: ACIW), a international provider of electronic payments software and solutions, has entered into an agreement to acquire Euronet Essentis Ltd. (Essentis), a division of Euronet Worldwide. Essentis, based in Watford, UK, is a provider of payment solutions for card issuing and merchant acquiring around the world.

ACI will market the Essentis solutions globally to financial service providers under the ACI brand.

Essentis provides proven card issuing and merchant management products, delivering reliability and scalability to high profile customers internationally. Essentis customers are able to handle large scale projects, with one organization acquiring transactions from more than 350,000 merchants and another organization issuing more than 12 million cards using Essentis products.

Essentis products are multi-platform, and they have been benchmarked on IBM(R) System z to show that they can meet the demands of the largest card issuers and merchant acquirers. This supports ACI’s alliance with IBM and enables the company to continue to offer the best solutions for the market on the platform that is used extensively in banks and payment processors around the world.

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