CMS providers’ one other 68,000 ATMs within the money logistics business have been the mainstay for revenues.
CMS Info Systems on Sunday introduced the acquisition of Financial Software and Systems’ (FSS) managed providers business for Rs 115 crore to strengthen its place within the end-to-end ATM management house.
The transaction entails the switch of working property and novation of buyer contracts, and is anticipated to shut in Q1 FY27, in response to an announcement.
It will add 8,000 automated teller machines (ATMs) to take CMS’ portfolio within the management options business, the place it acts as a expertise supplier and operations companion for banks, to 39,000 machines. It may also add new non-public sector banking relationships.
CMS’ Executive Vice Chairman and Chief Executive Rajiv Kaul stated the managed providers trade is consolidating, and banks need to work with fewer and bigger companions.
“FSS’ clients are exactly the kind of relationships we want to deepen, and bringing them onto our platform opens the door to serve them across our full suite of services,” Kaul added.
An official assertion from the corporate stated it had outlined consolidation within the ATM management house by way of acquisitions as a key strategic lever in September 2025.
CMS providers’ one other 68,000 ATMs within the money logistics business have been the mainstay for revenues.
The firm added that its current infrastructure and working scale present a “natural basis for integration efficiencies” as FSS’ operations are absorbed into the platform.
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First Published: Mar 29 2026 | 10:35 AM IST