Mergers and acquisitions

3165 articles tagged with this keyword

/Mergers and acquisitions

Swedish online payments firm Klarna buys rival Sofort

Swedish online payments firm Klarna is preparing to take on the likes of PayPal after acquiring German rival Sofort for around $150 million.

/Mergers and acquisitions

PayPal buys mobile app specialist StackMob

PayPal has acquired StackMob, a San Francisco-based firm which helps developers build and manage their mobile applications. Financial terms of the deal were not disclosed.

/Mergers and acquisitions

Amazon reportedly buys m-commerce firm GoPago

Amazon has acquired San Francisco-based mobile commerce outfit GoPago, according to press reports, putting it in competition with the likes of Square and PayPal.

/Mergers and acquisitions

LifeLock buys mobile-wallet start-up Lemon

Identity-theft firm LifeLock is upping its mobile presence with the acquisition of mobile-wallet start-up Lemon for an initial consideration of $42.6 million.

/Mergers and acquisitions

IBM takes control of $1.3 billion ADTS business

IBM has taken a controlling stake in Associated Dexia Technology Services, which provides IT services to financial institutions formerly within the Dexia Group, including Belfius Bank, Belfius Insurance and Banque Internationale à Luxembourg.

/Mergers and acquisitions

Apple buys social media sentiment firm Topsy Labs

Apple has bought social media analytics firm Topsy Labs for a reputed $200 milliom.

/Mergers and acquisitions

Banks sell 59% stake in SIA

The bank owners of Italian payments processor SIA have agreed to sell a 59.3% stake in the venture in a deal valuing it at around EUR765 million.

/Mergers and acquisitions

NCR agrees $1.65bn Digital Insight acquisition

NCR has struck a $1.65 billion deal to buy online and mobile banking specialist Digital Insight from private equity firm Thoma Bravo. Separately, NCR has also closed the $84 million acquisition of Alaric Systems.

/Mergers and acquisitions

ICE to ditch Nyse Technologies; spin off Euronext

IntercontinentalExchange has confirmed plans to sell Nyse Euronext's technology unit and spin off the Euronext exchange in an initial public offering.

/Mergers and acquisitions

EVO Payments acquires controlling interest in PKO Bank Polski merchant acquiring arm

US payment processor EVO Payments is to acquire a 66% stake in PKO Bank Polski's merchant acquiring business, eServices, for a minimum $113.5 million.

/Mergers and acquisitions

ICE and Nyse Euronext postpone merger date

Nyse Euronext and IntercontinentalExchange have postponed the closing date of their pending merger transaction as they await approval from European regulators.

/Mergers and acquisitions

Switchless buys South African bitcoin exchange

Switchless, a South African-based outfit which develops bitcoin-related software for financial institutions, has bought local bitcoin exchange BitX. Financial terms were not disclosed.

/Mergers and acquisitions

Aquiline explores Clear2Pay stake sale - Reuters

Private equity firm Aquiline is exploring a sale of its stake in Belgian payments vendor Clear2Pay, according to a report from Reuters.

/Mergers and acquisitions

Wonga acquires German online payments firm BillPay

Payday loan outfit Wonga is moving into the online payments market with the acquisition of BillPay, dubbed the PayPal of Germany.

/Mergers and acquisitions

Monitise buys out Asia Pacific JV partner

Mobile money firm Monitise has agreed to buy partner First Eastern out of their 50:50 Asia Pacific joint venture in a deal worth around £11.25 million in shares.

/Mergers and acquisitions

Tungsten ready to shake up supply chain financing

Trading in invoice financing outfit Tungsten made a steady start on the AIM Market of the London Stock Exchange Wednesday, with the company raising £160 million from an oversubscribed placing

/Mergers and acquisitions

DigitalPersona acquires core banking biometric outfit Identity Stream

US fingerprint authentication outfit DigitalPersona has acquired Georgia-based Identity Stream, which offers a turnkey biometric system for core banking users.

/Mergers and acquisitions

MasterCard to buy Turkey's Provus

MasterCard has moved to strengthen its position in the fast growing Turkish market, agreeing to buy local payments outfit Provus Bilisim Hizmetleri. Financial terms of the deal were not disclosed.

/Mergers and acquisitions

New fintech investment opportunities surface at Money2020

VCs, seasoned entrepreneurs and corporate finance houses were rubbing shoulders with T-shirted startups at Money2020 in search of the next Facebook or Square.

/Mergers and acquisitions

CameronTec agrees Greenline acquisition

Sweden's CameronTec has signed a definitive agreement to buy US FIX and electronic trading tech specialist Greenline Financial Technologies from MarketAxess. Financial terms were not disclosed.