Towards the end of 2012 Sberbank, the largest state-owned bank in Russia, purchased 75 percent stake in the online payment service Yandex.Money which was valued at $60 million. Yandex, the most popular search engine in Russia, was seeking investors as they were unable to expand the fast growing online payment service on their own. Read
(More)…
Two major acquisitions occurred in the world of eCommerce in late October as merchant acquirer Litle & Co. was purchased by the publicly listed payment processor Vantiv Inc. and EMC acquired web monitoring and analytics fraud solution provider Silver Tail Systems to supplement their RSA security division. Read More
On July 27 Apple acquired AuthenTec, who provides encryption technology, fingerprint sensors and identity management software, for $356 million. After filing a shareholder notification document related to this acquisition with the SEC it was apparent that Apple was in a hurry to acquire the company’s fingerprint scanning technology, and while this has many potential uses
(More)…
Google first announced their plans to acquire the mobile device maker Motorola Mobility in August 2011, and after several months of regulators considering antitrust concerns it is expected that the acquisition will be approved by both US and EU authorities. Read More
Online fraud prevention provider ThreatMetrix announced their acquisition of TrustDefender, an Australian company specializing in secure browsing technology and malware protection, on January 10, 2012 for an undisclosed price. Read More
On November 28th the credit reporting bureau and global information services company Experian agreed to acquire the identity verification and fraud screening company 192business for an undisclosed price. The acquisition is still subject to approval by the UK’s Office of Fair Trading. 192business is the leading identity verification provider in the UK with more 1,000 organizations
(More)…
