Boston, MA (PRWEB) February 28, 2006
A new research report was issued by the Mercator Advisory Group, the Payments Industry Mergers and Acquisitions for the 4th Quarter, 2005.
Mergers and acquisitions continued at full speed during the fourth quarter of 2005, making 2005 a landmark year for the payments industry. Highlights of this quarter included:
- The merger of the world's two largest smart card manufacturers, Gemplus and Axalto
- U.S. third-party card processors continued international expansion efforts
- Pay By Touch Solutions serial acquisitions
Deal highlights include:
VENDORS (Sample list)
Link2Gov acquired by Metavante
Brasfield Corporation acquired by Metavante
Payment Gateway/VeriSign acquired by PayPal
CardSystems Solutions acquired by PayByTouch
Retail Solutions Inc. acquired by Verisign
Mellennia acquired by Valutec
AdminiSource Corp. acquired by Metavante
Capture Resource acquired by Pay By Touch
Cyota acquired by RSA Security
BioPay, LLC acquired by PayByTouch
Axalto -- Gemplus acquired by Gemalto
PriceGrabber.com acquired by Experian
7th Street Software acquired by PayByTouch
Convena acquired by PayByTouch
mPowerInc. acquired by Wipro, Ltd.
FastFunds-Chex Svcs.,Inc. acquired by Certegy
Also Included are Credit Card Issuer, Processor and Acquirer acquisitions.
The Payments Industry M&A Report - Q4 2005 provides comments and analysis on major deals announced within the fourth quarter of 2005. It also includes summary information on the payments industry related M&A deals, contact person(s) related to each deal, and an M&A activity table that summarizes the highlights of each deal.
Members of Mercator Advisory Group have access to this report as well as the upcoming research for the year ahead, presentations, analyst access and other membership benefits. Please visit us online at http://www.mercatoradvisorygroup.com.
For more information call Mercator Advisory Group's main line: 781-419-1700.
# # #