Fidelity National Information Services, a Florida based payment services provider, is in exclusive talks to acquire SunGard Data Systems, financial software maker.
Media reports suggest that the deal could value SunGard between $8bn and $9bn.
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SunGard filed for an initial public offering in June 2015 as its backers tried to offload their stakes recently.
SunGard was taken over by private equity firms Silver Lake Partners, TPG Capital, Bain Capital, Blackstone Group, Goldman Sachs Capital Partners, KKR & Co and Providence Equity Partners, for $11.4bn in 2005.
SunGard, which has more than 15,000 customers, mainly offers trading and investment management software to financial firms.
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