CMS acquires FSS' ATM management biz for Rs 115 crore

CMS Info Systems is acquiring Financial Software and Systems' managed services business for Rs 115 crore. This move will significantly boost CMS' ATM management capabilities. The deal is expected to add 8,000 ATMs to CMS' existing portfolio. This acquisition strengthens CMS' position in the end-to-end ATM management sector. It also brings new private sector banking relationships into the fold.

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