CMS Info Systems acquires ATM management business for ₹115 crores
pre-market1 source ↓written by the desknot a recommendation
- contracts for approximately
- 8,000 ATMs
CMS Info Systems has acquired the ATM Management solutions business from Financial Software and Systems (FSS) for up to ₹115 crores. This strategic move includes the transfer of assets and existing customer contracts for approximately 8,000 ATMs, significantly enhancing CMS's operational capacity.
This acquisition is expected to strengthen CMS Info Systems' position in the ATM management sector, potentially boosting market sentiment and operational efficiency.
Not investment advice. For informational purposes only.