In 1920, Western Union has implemented the world's first transmission of images over the ocean. In 1935, Western Union has put into operation first intercity fax communication. In 1995, First Financial Management was acquired by First Data Corp. (the deal amounted to $ 7 billion), and Western Union Financial Services became a subsidiary of First Data. Western Union incomes for 2007 have made $4,9 billion US dollars, and the quantity of transactions has made 572 million. Western Union for more than 130 years provides money transfer services to its customers.