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Computer Services Inc. to purchase HEIT
PADUCAH, Ky. and FORT COLLINS, Colo. (8/15/11)--Computer Services Inc. (CSI), a financial services technology company, will acquire HEIT, a provider of cloud-based managed compliance security and information technology (IT) services. The acquisition of HEIT, which operates two secured data centers that are staffed around the clock, in Fort Collins, Colo. and Austin, Texas, would make CSI one of the largest cloud and managed-service providers for financial institutions nationwide. The acquisition is expected to be finalized Sept. 1, according to the two companies. The acquisition would expand CSI’s existing 5,200 customer base by more than 400 community banks and credit unions and its portfolio of products and services while helping it meet client compliance, security, and infrastructure management needs. CSI also would provide financial institutions the option of outsourcing their IT function. Cloud-based managed services allow financial institutions to access on-demand technology and IT services without being required to purchase, build, and integrate expensive data centers, networks and servers. CSI delivers core banking, payments processing, Internet, card services, risk assessment, fraud prevention, network management, regulatory compliance and document delivery solutions to financial institutions and corporate entities nationwide.


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