CRIF, an Italian firm which is the parent company of Austin-based Teres Solutions, announced this morning that it has acquired FLS Services, a provider of indirect lending software to financial institutions. Financial terms of the acquisition were not disclosed. According to CRIF, FLS will operate as a wholly-owned, subsidiary of CRIF, and will work together with Teres Solution on products for the credit union and financial institutions industry. CRIF acquired Teres Solutions last year.
Top NewsMonday, June 15, 2009
Teres Solutions' Parent Buys Software Firm