FIS Acquires Amount - Thoughts?
They are so pathetic where they refuse to build internal initiatives toward Cloud and AI, they acquire yet another company just to pull them down and leave them in limbo just like they are doing to Dragonfly right now. This company doesn't know how to do acquisitions let alone proper assimilation into something that's actually meaningful. This leadership team is one of the worst I've ever seen in any organization. Entirely clueless.
Wait, when was it announced we acquired Amount? Amount is one of the credit vendors, but never heard they were acquired.
Don't worry, McScamsley will come in and milk them for more millions per month while they do more job cuts
Same song and dance. Leadership team is only worried about short term gains and goals. Long term goals are out of their scope and mental capacity.
@OP Amount, probably a good company, which FIS will F’up during the assimilation process. We have failed executing on a self service origination strategy for so long. This is the same leadership that partnered with MANTL that have purchased Amount.MANTL was a disaster. The current leadership does not know how to merge companies/products….that’s right we’ll use McKinsey