Tech Bytes: Client/Server Specialist Phoenix Buys 2 Centers

account-processing operations of Servers On-Line Inc. in Holbrook, N.Y., and Eras JV in Miami.

Phoenix said the total contract value is about $2.5 million.

They are in keeping with a strategy by Phoenix to market its client/server banking system to U.S. banks on an outsourcing basis. Banks that now use the acquired centers will become Phoenix clients. Those centers will be managed and operated by Phoenix employees. As part of the integration, the Miami center will be moved to Orlando in 2000.

Richard T. Powers, the founder, president, and chief operating officer of Servers On-Line, has become senior vice president of e-Commerce Services at Phoenix.

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