CMS Info Systems acquires FSS's ATM managed services business for Rs 115 crore

CMS Info Systems has acquired FSS's ATM Managed Services business. This move signals consolidation in India's ATM sector. The deal adds 8,000 ATMs to CMS's network. This acquisition follows the insolvency of AGS Transact Technologies. CMS aims to become the preferred partner for banks seeking fewer, larger service providers.

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