CheckFree Holdings today said it will acquire BlueGill Technologies, a provider of Internet billing software, in a stock transaction worth $250 million.
Atlanta-based CheckFree said the BlueGill buy will extend its services to international markets and incorporate BlueGill's existing software, which provides an electronic billing and payment system to its own set of online bill-payment services. BlueGill said it has a growing customer base in South America and Europe, including Barclay's Bank and Cable & Wireless.