Blackhawk Network has inked a definitive agreement to acquire Grass Roots), a provider of employee and customer engagement solutions. The closing of the transaction is subject to completion of certain filings with and approval by Germany’s Bundeskartellamt. Grass Roots is headquartered in the county of Hertfordshire, United Kingdom, with offices in Europe, the Americas and…
Paysafe is expanding its product capabilities by acquiring Income Access Group, a pioneering affiliate technology business for a cash consideration of CAD$40m (approximately US$30m1). Income Access is a market-leading brand providing innovative affiliate technology for businesses to manage their performance marketing programs. In addition, more than 25,000 affiliates use the company’s multi-channel software for their…
TerraPay, a mobile-first international network, a company incubated by Mahindra Comviva, has completed the acquisition of UK-based Pay2Global Limited, following regulatory approvals. In an outright purchase, TerraPay has acquired 100% of Pay2Global for an undisclosed amount. Pay2Global is a regulated digital international money transfer company with passporting rights into the European Economic Area (EEA). One…
WISeKey International has entered into a binding agreement to acquire the semiconductor technology and business of INSIDE Secure, a leader in embedded security solutions for mobile and connected devices. The acquisition and technology integration will create the first ever comprehensive trusted end-to-end cybersecurity platform for people and objects (IoT). Following this acquisition, WISeKey’s cybersecurity offerings…
FICO has acquired QuadMetrics to complement its FICO Falcon Cybersecurity Analytics threat detection solution. FICO also says it is developing a FICO Enterprise Security Score, which will rank an organization’s level of cybersecurity risk. QuadMetrics is a cyber risk security scoring company from Ann Arbor, Michigan. QuadMetrics leverages predictive analytics to monitor signals from open…
Rumors continue to swirl in regard to a deal for MasterCard to acquire the Vocalink, the UK operator of the Faster Payments service for approximately £1 billion (US$1.13 billion). The British press, including Sky News, says 13 banks which are shareholders in Vocalink have approved a period of exclusivity within which Mastercard can negotiate a takeover…
Heartland Payment Systems (HPY) stockholders overwhelmingly voted to approve the proposed merger with Global Payments (GPN). About 29.7 million shares were voted in favor of the merger proposal. The favorable vote represents approximately 99% of the total Heartland shares which voted on the merger proposal and 80% of the total outstanding Heartland share count. The…
Payoneer has completed its acquisition of Silicon Valley-based Armor Payments, the only licensed business-to-business payments provider offering Escrow-as-a-Service (EaaS). The acquisition will enable buyers and sellers, whether transacting directly or through B2B marketplaces, to reduce the uncertainty and risk associated with high-value B2B purchases by making secure, online escrow payments anywhere in the world.…
Nexonia has acquired ExpenseWatch, a provider of spend management solutions. The acquisition joins two organizations that offer feature-rich SaaS financial management solutions, highly configurable integrations and industry leading customer support. The Company says the acquisition demonstrates Nexonia’s ambition for innovation and growth in the cloud-based financial management marketplace, providing best-in-class products and integrations to meet…
SuperCom has acquired Safend, a global data security company with a broad range of competitive and well-known encryption and data protection solutions. The acquisition is in line with SuperCom’s stated strategy to offer complementary security products and solutions to its growing customer base. Safend is an international provider of cutting edge endpoint data protection, guarding…
TSYS inks a $2.35 billion all-cash deal to acquire TransFirst. TransFirst provides merchant solutions to more than 235,000 SMEs in the U.S. TSYS entered into a definitive agreement with Vista Equity Partners to acquire TransFirst, a Vista portfolio company and leading U.S. merchant solutions provider, in an all-cash transaction valued at approximately $2.35 billion. TransFirst…
Rambus has acquired Smart Card Software Ltd which includes Bell Identification Ltd (Bell ID) and Ecebs Ltd (Ecebs) through the purchase of all outstanding shares of Smart Card Software Ltd., for £64.7M in cash. As part of this acquisition, the advanced mobile payment platform developed by Bell ID, along with the smart ticketing platform created…