PNC Bank Acquires Tempus Technologies, Inc.
January 27, 2021
PNC Bank N.A. reached a definitive agreement to acquire Tempus Technologies, Inc., a payment gateway and payments-processing solutions provider. The acquisition will expand PNC Treasury Management's payments capabilities by integrating Tempus' gateway, mobile apps and payment portals to support multiple payment rails.
- Buyers
- PNC Bank N.A.
- Targets
- Tempus Technologies, Inc.
- Industry
- Financial Services
- Location
- Indiana, United States
- Transaction Type
- Buyout
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