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Application Software M&A image Application Software M&A » By The Online Investor Staff, updated Sat., Apr. 20, 7:57 AM Recent mergers and acquisitions in the Application Software M&A category.

This Slide: #55 of 100

Slide #55. Jack Henry & Associates, Inc. — Banno

Acquirer: Jack Henry & Associates, Inc. (NASDAQ:JKHY)
Acquiree: Banno
Details: Jack Henry & Associates, Inc. (NASDAQ:JKHY), a leading provider of technology solutions and payment processing services primarily for the financial services industry, today announced that it has completed the acquisition of Banno, an Iowa-based company that provides data-enriched Web and transaction marketing services with a focus on the mobile medium as its principal means of delivery.

Jack Henry & Associates is a provider of information processing solutions for banks. Co.'s solutions are: banking, which supports commercial banks with information and transaction processing platforms; credit union, which supports credit unions with an information and transaction processing platform; and non-primary, which provides products and services to improve the performance of financial services organizations. Co.'s software systems primarily consist of the integrated applications required to process deposit, loan, and general ledger transactions, and to maintain centralized customer/member information.

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JKHY — Key Stats (updated 21 hours, 30 minutes ago)
Company Name:  Jack Henry & Associates, Inc.
Stock buyback:  JKHY buyback
Website:  www.jackhenry.com
Sector:  Information Technology Services
Number of ETFs Holding JKHY:  98
Total Market Value Held by ETFs:  $2.18B
Total Market Capitalization:  $11.93B
% of Market Cap. Held by ETFs:  18.24%
 

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April 20, 2024  •  7:57 AM Eastern
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Hold (2.50 out of 4)
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