Tag: acquisition
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Xalient acquires digital identity company Grabowsky
London-based technology firm, Xalient, has recently announced its acquisition of Grabowsky, a leading digital identity solutions provider. This strategic move will strengthen Xalient’s position in the market and further expand its range of cybersecurity offerings. The acquisition of Grabowsky not only complements Xalient’s existing suite of security solutions but also enhances their capabilities in delivering…
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ABN AMRO to acquire BUX
In a significant move in the banking industry, ABN AMRO, one of Europe’s largest banks, has announced its plans to acquire BUX, a rapidly growing mobile-based stock trading platform. This strategic acquisition aims to combine ABN AMRO’s extensive banking expertise with BUX’s innovative and user-friendly trading platform, creating new opportunities for clients to invest and…
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Motive Partners acquired control stake in Splitit
Motive Partners Acquired Control Stake in Splitit Image source: example.com In a recent development in the financial technology sector, Motive Partners, a private equity firm focused on technology-driven companies, announced that it has acquired a control stake in Splitit. Splitit is a leading global payment solutions provider that allows shoppers to…
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Thales wants to buy Imperva for USD 3.6 billion
French multinational company, Thales, has made a proposal to acquire cybersecurity firm Imperva for a whopping USD 3.6 billion. This potential acquisition is eliciting significant interest within the tech industry, as it has the potential to reshape the cybersecurity landscape. Thales, specialized in various domains including aerospace, defense, and transportation, aims to expand its portfolio…
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Ebury acquires Prime Financial Markets
Ebury Acquires Prime Financial Markets Ebury, a leading global finance and banking specialist, has announced the acquisition of Prime Financial Markets, a renowned financial services firm. This strategic move aims to strengthen Ebury’s position in the market and expand its client base. “This acquisition marks a significant milestone for Ebury, allowing us to enhance our…
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Entersekt acquires Modirum
Entersekt, a leading South African-based mobile banking and digital security company, has announced its acquisition of Modirum – a global expert in digital payment security solutions. This strategic move reinforces Entersekt’s commitment to delivering innovative and secure digital identity technology to its clients across the globe. Entersekt has established itself as a prominent player in…
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Thales completes acquisition of Imperva
Paris, France – [Date]: Thales, a global leader in advanced technologies for the aerospace, defense, and information security sectors, announced today the completion of its acquisition of Imperva, a renowned cybersecurity company. This strategic merger between Thales and Imperva marks a significant milestone in the cybersecurity industry, strengthening Thales’ position as a leading provider of…
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Shift4 CEO entertains acquisition interest
The CEO of Shift4 Payments, Jared Isaacman, recently revealed that the company has been entertaining acquisition interest from multiple parties. Shift4 Payments, a leading payment processing company, has experienced remarkable growth over the years, making it an attractive prospect for potential suitors. Isaacman acknowledged that there have been discussions with various organizations regarding a potential…
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Advent International agrees to buy myPOS
Advent International Agrees to Buy myPOS In a groundbreaking deal, Advent International, one of the largest global private equity firms, has announced its decision to acquire myPOS, a leading payment technology company based in Europe. The agreement will see Advent International gain a majority stake in myPOS, reinforcing its position as a…
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Flywire scoops up Australian firm
Flywire Scoops Up Australian Firm Boston-based payment firm Flywire has announced its acquisition of an Australian company, solidifying its global presence. Flywire, a leading provider of global payment and receivables solutions, has successfully acquired the Australian company, expanding its reach in the Asia-Pacific region. The deal, finalized on [insert date], marks an important milestone for…
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IN Groupe acquires Nexi’s eID business
IN Groupe, a leading company in secure identity and digital services, has announced the acquisition of Nexi’s eID business division. This strategic move aims at expanding IN Groupe’s presence and strengthening its position in the digital identity market. EID (Electronic Identification) has become an essential aspect of modern society, enabling secure identification for various purposes…
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Earlypay acquires Timelio
Sydney-based financial services company Earlypay has recently announced its acquisition of Timelio, a leading fintech lending marketplace in Australia. The deal comes as Earlypay aims to expand its presence in the alternative lending space while further digitizing its operations and services. Earlypay specializes in offering working capital…
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Accenture agrees to acquire OnProcess Technology
Accenture, a leading global professional services company, has announced its agreement to acquire OnProcess Technology, a Massachusetts-based technology and services company. This acquisition is expected to strengthen Accenture’s telecom, media, and technology (TMT) capabilities, allowing the company to better serve its clients in a rapidly evolving industry. Enhancing TMT Capabilities OnProcess Technology is known…
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EPI acquires iDEAL and Payconiq International
In a groundbreaking move, European Payments Initiative (EPI) has announced the acquisition of iDEAL and Payconiq International, two leading fintech companies in the payments industry. This strategic decision will solidify EPI’s presence in the European market while enhancing its capabilities to provide secure, convenient, and innovative payment solutions to millions of customers. Expanding…
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Omnicom acquires Flywheel
Omnicom Acquires Flywheel New York, September 15, 2023: In a strategic move aimed at expanding its digital services portfolio, Omnicom Group announced its acquisition of Flywheel, a leading technology and design company based in San Francisco. The deal, finalized on September 13, 2023, will see Omnicom gain a strong foothold in the technology…
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Nayax agrees to acquire Retail Pro International
Nayax Agrees to Acquire Retail Pro International In a bold move that promises to shape the future of the payment industry, Nayax has announced its agreement to acquire Retail Pro International, a leading software provider for the retail sector. The acquisition is expected to significantly strengthen Nayax’s position in the global market and enhance its…
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Ebury’s acquisition of Bexs Group approved by Central Bank of Brazil
Ebury’s Acquisition of Bexs Group Approved by Central Bank of Brazil August 15, 2022 – Ebury, a leading global financial services company, has received official approval from the Central Bank of Brazil for its acquisition of Bexs Group, a Brazilian fintech specializing in cross-border payments and foreign exchange services. The acquisition marks a strategic…
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Kasikorn Bank buys majority stake in Satang
In a groundbreaking move, Kasikorn Bank has acquired a majority stake in Satang, a leading financial technology company. Satang is renowned for its expertise in providing secure and innovative services in the digital asset industry. By investing in Satang, Kasikorn Bank aims to strengthen its position in the rapidly evolving digital financial market and expand…
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PayPal to sell Happy Returns to UPS
“” PayPal, the globally recognized online payment system, has announced its decision to sell its subsidiary, Happy Returns, to UPS (United Parcel Service). This strategic move by PayPal reflects their focus on honing their core competencies while allowing UPS to expand its footprint in online returns management. Happy Returns, a startup which specialized in simplifying…
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Wex buys Payzer for $250M
In a groundbreaking deal, Wex, a leading financial technology service provider, has acquired Payzer for a staggering $250 million. This strategic move marks a significant step forward for both companies, positioning them for accelerated growth and expansion in the competitive global payment industry. The acquisition of Payzer by Wex represents a bold move to enhance…