M&A Deal Summary

VeriFone Acquires InterCard AG

On November 9, 2015, VeriFone acquired information technology company InterCard AG

Acquisition Highlights
  • This is VeriFone’s 1st transaction in the Information Technology sector.
  • This is VeriFone’s 1st transaction in Germany.

M&A Deal Summary

Date 2015-11-09
Target InterCard AG
Sector Information Technology
Buyer(s) VeriFone
Deal Type Add-on Acquisition

Target

InterCard AG

Taufkichen, Germany
InterCard AG is a full suite of payment services including terminal sales and leasing, field support services such as helpdesk, installation and maintenance as well as gateway services such as transaction routing.

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Buyer(S) 1

Buyer

VeriFone

New York, New York, United States

Category Company
Founded 1981
Sector Information Technology
Employees5,400
Revenue 2.0B USD (2015)
DESCRIPTION
Entrance to VeriFone's corporate headquarters in San Jose, California.
Entrance to VeriFone's corporate headquarters in San Jose, California.

VeriFone is a provider of secure electronic payment technologies. VeriFone provides solutions, services, and expertise that enable electronic payments. The Company's products and services include mobile, countertop and self-service payment devices, software, and web-based gateways. VeriFone was founded in 1981 and is headquartered in New York, New York.


DEAL STATS #
Overall 9 of 11
Sector: Information Technology M&A 1 of 2
Type: Add-on Acquisition M&A Deals 7 of 9
Country: Germany M&A 1 of 1
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-12 Global Bay Mobile Technologies

South Plainfield, New Jersey, United States

Global Bay Mobile Technologies, Inc., is a provider of next-generation mobile retail solutions. Global Bay works with retailers across North America, Europe and Asia to increase sales and improve customer satisfaction with mobile applications that leverage existing POS, e-commerce, and traditional store systems.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-15 AJB Software

Mississauga, Ontario, Canada

AJB Software Design, Inc. is a provider of payment gateway and switching solutions for large merchants in the U.S. and Canada.

Buy -