We are pleased to share that Ondot has signed a definitive agreement to be acquired by Fiserv, a leading global provider of payments and financial services technology solutions. Together, we will have a complementary and comprehensive portfolio of digital services to deliver seamlessly integrated, enriched and frictionless experiences for you and your customers. We believe that Fiserv provides Ondot the opportunity to innovate and impact the industry at accelerated scale.
We expect the transaction to close in the first quarter of 2021, until then, we will continue to operate as separate companies. This will have no impact on our existing service, nor how we conduct business with our clients. You can find more information in this Fiserv release.