To at least some observers, it's hard to tell if Fiserv Inc. is a technology company or a hard-charging investment bank.

Since its founding in 1984 by George D. Dalton and Leslie M. Muma, the computer services company has purchased or otherwise acquired no less than 45 firms operating in more than 20 states.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.