M&A Deal Summary

Amazon Acquires EMVANTAGE Payments Pvt.

On February 16, 2016, Amazon acquired information technology company EMVANTAGE Payments Pvt.

Acquisition Highlights
  • This is Amazon’s 2nd transaction in the Information Technology sector.
  • This is Amazon’s 1st transaction in India.

M&A Deal Summary

Date 2016-02-16
Target EMVANTAGE Payments Pvt.
Sector Information Technology
Buyer(s) Amazon
Deal Type Add-on Acquisition

Target

EMVANTAGE Payments Pvt.

Noida, India
EMVANTAGE Payments Pvt. Ltd. is an online payment gateway providing service for accepting netbanking, credit, debit and cash cards.

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Buyer(S) 1

Buyer

Amazon

Seattle, Washington, United States

Category Company
Founded 1994
Sector E-Commerce
Employees1,525,000
Revenue 638.0B USD (2024)
DESCRIPTION
Amazon office building in downtown Seattle, Washington.
Amazon office building in downtown Seattle, Washington.

Amazon is an e-commerce retailer and provider of web services. Amazon enables millions of products to be sold through its website and by third parties across a variety of product categories. Customers access Amazon directly and through mobile websites and apps. Amazon was founded in 1994 and is based in Seattle, Washington.


DEAL STATS #
Overall 49 of 76
Sector (Information Technology) 2 of 6
Type (Add-on Acquisition) 43 of 67
Country (India) 1 of 4
Year (2016) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-25 Safaba Translation Systems

Pittsburgh, Pennsylvania, United States

Safaba develops technology that allows clients to automate the translation of digital content including websites, marketing material, software products and customer communications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-05 Orbeus

Chicago, Illinois, United States

Orbeus, Inc. is a computer vision company who provides a proprietary cloud-based image analysis solution.

Buy -