CMS Info Systems acquires FSS' ATM management business for ₹115 cr

CMS Info Systems Limited acquired the ATM Managed Services business of Financial Software and Systems Private Limited (FSS) for ₹115 crore. The transaction, which is expected to close in Q1 FY27, involves the transfer of operating assets and novation of customer contracts. The acquisition aligns with the company’s long-term growth roadmap, CMS CEO Rajiv Kaul said.