Fidelity National Information Services Inc., or FIS, completed its acquisition of Worldpay Inc. on Wednesday morning.
The combination of Jacksonville-based FIS, which provides technology for financial institutions, and Cincinnati-based Worldpay, which provides payment services, will have more than $12 billion in annual revenue and 55,000 employees.
“This transformative combination significantly enhances the scale, portfolio and global footprint of FIS to help our clients capitalize on growth opportunities at a time of rapid marketplace change,” FIS Chief Executive Gary Norcross said in a news release.
FIS in March agreed to pay $11 in cash and issue 0.9287 shares of FIS for each of Worldpay’s 311 million outstanding shares.
Based on Tuesday’s closing price for FIS, the value of the deal was more than $43 billion.
FIS stockholders overwhelmingly approved the deal at a special meeting last week.
More than 99% of about 274 million FIS shares voted in favor of measures to complete the deal.
