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Fidelity Nat'l Information Systems

2007 Revenue: $4.758 billion

Lead Executive: Gary Norcross, president and COO Transaction Processing Services

Transaction Processing Services (TPS) is one of the predominant growth drivers for Fidelity. In the first quarter, consolidated revenue increased 20.5 percent to $1.3 billion, including approximately $141.3 million in revenue from eFunds, which was acquired in September 2007. Excluding eFunds, revenue increased 7.3 percent over the comparable 2007 quarter, partly due to TPS' 4.5 percent growth. TPS generated revenue of $826.8 million in the quarter (including $141.3 million from eFunds), up 26 percent from the prior-year period. [READ MORE]

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