CheckFree Corporation
 

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Recent Acquisitions

CheckFree Corporation completed its acquisition of Corillian Corporation on Tuesday, May 15, 2007. Under the terms of the agreement, CheckFree has acquired all of the outstanding shares of Corillian common stock.

The acquisition brings together two industry leaders in financial electronic commerce. The combined organization will have the potential to provide a market-leading, fully integrated, secure and scalable online banking, electronic billing and payment platform. Together, CheckFree and Corillian’s platforms serve 21 of the top 25 financial institutions, more than 40 million online banking consumers, more than 31 million electronic billing and payment consumers, and more than 250,000 small businesses.

[Corillian Financial Documents][Corillian Press Release Archive]

CheckFree Corporation completed its acquisition of Carreker Corporation on Monday, April 2, 2007. Under the terms of the agreement, CheckFree has acquired all of the outstanding shares of Carreker common stock.

Financial institutions will now have a single provider that can deliver a variety of solutions and consulting services across cash, check and ACH, and can extend its fraud mitigation solutions across additional payment types. Together, CheckFree and Carreker will deliver a pragmatic approach to payments convergence that can yield significant value for financial institutions and their customers.

[Carreker Annual Reports][Carreker Press Release Archive]