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Metavante acquires Nomad Payments
MILWAUKEE (1/14/08)--Metavante Technologies announced that it has acquired London-based Nomad Payments Limited for $58 million. Nomad will now operate as Metavante Technologies Ltd., part of the Metavante International Group. The acquisition is expected to add 1% to Metavante’s revenue. Nomad offers processing services for payment providers of gift cards, money share cards and general purpose prepaid cards. Metavante delivers banking and payments technology for financial institutions including credit unions.


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