Metavante To Acquire Provider Of CRMSoftware

October 01, 2004, 1:00 a.m. EDT 1 Min Read

MILWAUKEE - (10/01/04) -- Metavante Corp. continues itsacquisition binge with an agreement to acquire NuEdge Systems, aBrookfield, Wis., financial software and consulting firm, fromExperian, for $1.4 million in cash. The deal is the fifth so farthis year for Metavante, a wholly owned unit of bank holdingcompany Marshall & Ilsley. The president of NuEdge is DonaldLayden, former chief financial officer for Metavante. NuEdgespecializes in customer relationship management software. Earlierthis year Metavante acquired the NYCE Corp. electronic fundstransfer network; Advanced Financial Solutions (AFS) and itsEndpoint Exchange national check clearing network; the KirchmanCorp.; and Response Data Corp., a provider of credit cardtechnology.

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