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Fiserv acquires The Data Center from bank
BROOKFIELD, Wis. (11/5/08)--Fiserv announced that it has acquired The Data Center (TDC) from Compass Bank. Details of the sale were undisclosed. Fiserv will acquire TDC’s assets, contracts, and employees. TDC was a licensee and reseller of the Fiserv ITI Premier core banking system and offers products and associated consulting services for banking functions. “This acquisition allows Fiserv to extend its core footprint and increase its ITI Outsourcing presence in the Texas marketplace through new expansion in the Dallas and Rio Grande Valley areas,” said Mike Young, Fiserv Bank and Thrift Division president. Compass Bank is based in Grapevine, Texas. Fiserv provides information management and electronic commerce-systems services to financial institutions, including credit unions.


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