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ACI Worldwide and Co-op Extend Strategic Technology Partnership

1. ACI Worldwide extends partnership with U.K. retailer Co-op for payments technology. 2. Co-op continues to utilize ACI's Payments Orchestration solutions across all channels.

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Why Bullish?

The extended partnership with Co-op signifies strong client retention and potential revenue growth. Historical analyses of similar partnerships in the tech sector often lead to increased market confidence and stock appreciation.

How important is it?

The extension of a significant technology deal is a positive indicator for ACIW’s revenue stability and growth. As Co-op operates a sizable retail network, the impact on ACI's long-term financial health is substantial.

Why Long Term?

This partnership suggests a stable revenue stream for the foreseeable future, enhancing ACI's market position. Successful long-term collaborations have historically led to higher valuations in tech companies due to predictable earnings.

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CASHVMA
OMAHA, Neb. & LONDON--(BUSINESS WIRE)--ACI Worldwide (NASDAQ:ACIW), an original innovator in global payments technology, and leading U.K. convenience retailer Co-op have announced an extension of their strategic technology partnership. The agreement will see Co-op continue to use the full range of solutions offered by ACI's Payments Orchestration Platform, including in-store, online and mobile payment processing as well as end-to-end payments and fraud management. Co-op operates around 2400 sto.

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