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Acquisition

News about Acquisition.

Twitter buys Cardspring

July 18th, 2014

Twitter has acquired card-linked offers platform Cardspring for an undisclosed sum. “As we work on the future of commerce on Twitter, we are confident the CardSpring team and the technology they have built are a great fit with our philosophy regarding the best ways to bring in-the-moment commerce experiences to our users,” Twitter says.

Priceline CEO outlines its plans for OpenTable

June 16th, 2014

“In the area of mobile, there is just tremendous opportunity to enhance the end-to-end experience in both the accommodation business as well as the restaurant business by leveraging mobile as an asset,” Darren Huston, president… More

Priceline buys OpenTable for $2.6bn

June 13th, 2014

Priceline, the world’s leading accommodation booking platform, is to buy restaurant booking service OpenTable for $103 per share in an all-cash transaction valued at US$2.6billion. OpenTable, which has been testing mobile payments in San Francisco, has seated more than 125million diners worldwide while one million guests stay in accommodation booked by Priceline every night.

Mobile payments provider Powa valued at over US$2.6bn

June 12th, 2014

Mobile payments provider Powa Technologies has acquired Hong Kong-based MPayMe for US$75m and signed up Taiwan Mobile to offer its PowaTag mobile payments platform. As a result of the MPayMe deal, “Powa’s worth is now… More

Inside Secure acquires Metaforic for HCE payments

April 7th, 2014

Inside Secure has bought software obfuscation and encryption specialist Metaforic. The deal will provide “access to key technologies for enabling cloud-based mobile payments security with host card emulation” and is valued at US$11.6m plus a… More

Intel and Inside Secure agree US$19.2m NFC technology deal

April 1st, 2014

Intel is to acquire Inside Secure‘s next generation NFC modem technology in a US$19.2m deal that will also see the existing NFC licensing agreement between the two companies being converted into “a broad and fully… More

MasterCard buys C-Sam

February 24th, 2014

MasterCard has agreed to acquire NFC technology provider C-Sam. “C-Sam’s on-device application and back-end infrastructure will aid development efforts to enable consumers to use MasterPass both in-store and online across multiple communications technologies, including NFC, QR, barcodes and remote checkout,” says MasterCard. C-Sam’s NFC customers include DNP, Eftpos Australia, Isis, Starhub and TrustNordics.

Authentec sells Embedded Security Solutions division to Inside Secure

November 19th, 2012

The sale suggests that Apple’s interest in acquiring Authentec lies with the company’s innovative combined fingerprint and NFC solution, which is not part of the division being acquired by Inside Secure, and will lead to renewed speculation that Apple will include NFC in future iPhones and other devices. More

Bell ID buys Ecebs

November 13th, 2012

Transportation and smart card technology specialist Ecebs has been acquired by Bell ID. Ecebs’ portfolio includes a number of front-end technologies that Bell ID expects to be able to use to “significantly enhance its offering to the growing market for smart ticketing/payment using mobile devices”.

Sequent acquires Vivotech’s software division

October 19th, 2012

TSM software and services provider Sequent is the new owner of troubled NFC pioneer Vivotech‘s software division. “The acquisition enables Sequent to integrate banks and other service provider’s credentials more efficiently into the secure element… More

Gemalto buys Ericsson’s mobile payments business

October 1st, 2012

Gemalto has acquired Ericsson’s Internet Payment Exchange business outside the US, including its NFC TSM service, for an undisclosed sum. IPX will join Gemalto’s Software & Services business line, within the company’s mobile communications division…. More

SEC filing triggers speculation on iPhone 5 with NFC

August 16th, 2012

Examination of a proxy statement filed with the US Securities and Exchange Commission by Authentec, linked to Apple’s recent bid to acquire the firm for US$356m, has led to renewed speculation that the next iPhone… More

Morpho acquires TSM provider Cassis International

July 13th, 2012

ID technology provider Morpho, part of the Safran group, has acquired trusted service management (TSM) specialist Cassis International. Cassis was one of the earliest entrants into the NFC TSM market and is headquartered in Singapore with… More

Oberthur buys MoreMagic

June 29th, 2012

Oberthur Technologies has acquired Boston-based mobile payments specialist MoreMagic. Oberthur plans to combine the company’s technology with its existing NFC and TSM offerings  to create a comprehensive suite of mobile commerce and financial services solutions, including a secured mobile wallet infrastructure and end-to-end NFC service.

Google CEO hints at NFC future for Motorola

May 22nd, 2012

Google CEO Larry Page has taken to the search giant’s blog to announce the completion of its acquisition of Motorola Mobility — and obliquely mentioned NFC’s key role in Google’s plans for the future. “It’s… More

Facebook moves to the point-of-sale

April 19th, 2012

Facebook has acquired Tagtile, a startup founded by two US-based graduates of the Indian Institute of Technology (IIT), as it begins to roll out its Facebook Offers service. In an interview with the Times of India, Tagtile co-founder… More

Google buys payments firm

April 3rd, 2012

Google has acquired platform-as-a-service (PaaS) electronic payments technology provider TxVia. Osama Bedier, Google’s VP of Wallet and Payments, announced the deal on the Google Commerce blog.

UL acquires Collis

April 3rd, 2012

NFC and secure transaction testing and advisory firm Collis has been acquired by UL, a safety science company with 9,000 employees in more than 100 countries. “The addition positions UL as the world’s first global provider of end-to-end transaction security, interoperability and conformance evaluation and advisory services for the mobile, payment card, e-ticketing and ID management sectors,” says UL.

VeriFone sets out its plan for Point

January 4th, 2012

VeriFone has completed its €600m acquisition of Point International, northern Europe’s largest provider of payment and gateway services and solutions for retailers and a supplier to PayPal’s NFC trial in Stockholm. Point provides point-of-sale technology… More

Telefonica to launch NFC in Europe in ‘the next few months’

December 2nd, 2011

The telecoms giant, which runs the Movistar network in Spain and Latin America as well as O2 in Europe and Vivo in Brazil, has announced it will use a central trusted service management solution provided by Giesecke & Devrient to roll out NFC services in Europe next year. More

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