Mergers and acquisitions

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/Mergers and acquisitions

First Derivatives to take controlling interest in Kx Systems

First Derivatives has agreed a £36 million deal to acquire a further 46.47% stake in high performance database outfit Kx Systems, giving the firm a leg-up into the market for big data systems in capital markets and other vertical industries.

/Mergers and acquisitions

Cuscal to acquire Strategic Payments Services

Australia's Cuscal is to acquire Strategic Payments Services, a payment processing joint venture launched by Bendigo Bank and MasterCard in 2006, as it strives to carve out a position in the emerging mobile and digital payments market.

/Mergers and acquisitions

Boku acquires carrier billing competitor mopay

US carrier billing company Boku has acquired one of its leading competitors, Germany-based mopay, extending its network to hundreds of new online merchants and consumers worldwide.

/Mergers and acquisitions

Wall Street firms take on Bloomberg with new messaging platform

A group of Wall Street firms, led by Goldman Sachs, has acquired instant messaging outfit Perzo and set up a new company to help them break free of their reliance on Bloomberg.

/Mergers and acquisitions

EBay and PayPal to split

EBay is to spin off Paypal into a publicly traded company in 2015 and has appointed American Express executive Dan Schulman as president and CEO of the payments business in anticipation of the move.

/Mergers and acquisitions

Misys on the block as Vista Equity Partners agrees Tibco acquisition

Vista Equity Partners is seeking buyers for core banking supplier Misys after agreeing a $4.3 billion deal to acquire business process software firm Tibco.

/Mergers and acquisitions

Barclaycard buys The Logic Group

Barclaycard is boosting its capabilities in the lucrative rewards market through the acquisition of payments and loyalty specialist The Logic Group. Financial terms have not been disclosed.

/Mergers and acquisitions

New Zealand's Heartland Bank invests in P2P lending platform

New Zealand's Heartland Bank has bought a 10% stake in local online peer-to-peer lending platform HarMoney. Financial terms were not disclosed.

/Mergers and acquisitions

ICE agrees $350m SuperDerivatives acquisition

IntercontinentalExchange (ICE) has agreed a $350 million cash deal to acquire SuperDerivatives, a provider of risk management analytics, financial market data and valuation services.

/Mergers and acquisitions

FIS agrees EUR375 million Clear2Pay acquisition

FIS is to pay EUR375 million to acquire Brussels-based payments technology vendor Clear2Pay.

/Mergers and acquisitions

Heartland buys mPOS outfit Leaf

Payment processing giant Heartland Payment Systems has acquired Leaf, a Boston-based mPOS start-up with its own purpose-built tablet. Financial terms of the deal were not disclosed.

/Mergers and acquisitions

Misys acquires Custom Credit Systems

Misys is looking to extend its footprint into the multi-billion dollar market for commercial lending software with the acquisition of Custom Credit Systems (CCS), a US-based provider of commercial loan origination and workflow management software.

/Mergers and acquisitions

Rocket Internet scores EUR333m investment for emerging markets payments push

German Internet-focused VC and incubator Rocket Internet has sold a 10% stake to Philippines-based telco PLDT for EUR333 million in a deal that will also see the two firms team on building online and mobile payments services in emerging markets.

/Mergers and acquisitions

Square buys food delivery outfit Caviar

Payments firm Square is diversifying through the acquisition of San Francisco-based food delivery service Caviar. The deal is thought to be worth around $90 million in stock.

/Mergers and acquisitions

Wall Street banks turn to messaging startup as Bloomberg alternative

A group of Wall Street banks, led by Goldman Sachs, are on the verge of buying a stake in instant messaging firm Perzo as they prepare to break free of their reliance on Bloomberg, according to Reuters.

/Mergers and acquisitions

CME Group to buy Trayport and Fenics from GFI Group

Exchange operator CME Group has agreed a deal to buy the Trayport and Fenics trading technology units from GFI Group in a deal worth around $655 million.

/Mergers and acquisitions

ACI Worldwide seeks opportunities in CNP fraud protection with ReD acquisition

ACI Worldwide is to acquire UK-based payment fraud prevention outfit Retail Decisions (ReD) for $205 million in cash.

/Mergers and acquisitions

Facebook tests 'buy' button; Twitter buys CardSpring

Facebook has begun testing a 'buy' button which lets users purchase products advertised on the social network. Meanwhile, Twitter is also stepping up its commerce game, acquiring payments outfit CardSpring.

/Mergers and acquisitions

Bloomberg buys RTS Realtime Systems

Bloomberg has acquired market connectivity and trading technology firm RTS Realtime Systems. Financial terms of the deal were not disclosed.

/Mergers and acquisitions

Markit sells Boat trade reporting service to Cinnober

Swedish trading technology vendor Cinnober has bought the Boat trade reporting service from Markit. Financial terms of the deal were not disclosed.