For those keeping tabs, one more big tech company built and operating in the UK has been snapped up by another company from abroad. Today, MasterCard Inc. announced that it has agreed to acquire 92.4% of VocaLink — the tech giant behind the UK’s ATM, direct debit, and major mobile payments networks — for $1.14 billion in an all-cash deal: £700 million ($920 million)… Read More http://ift.tt/29QSrF9
Thursday 21 July 2016
MasterCard jumps into UK payments technologies, buys VocaLink for up to $1.14B
For those keeping tabs, one more big tech company built and operating in the UK has been snapped up by another company from abroad. Today, MasterCard Inc. announced that it has agreed to acquire 92.4% of VocaLink — the tech giant behind the UK’s ATM, direct debit, and major mobile payments networks — for $1.14 billion in an all-cash deal: £700 million ($920 million)… Read More http://ift.tt/29QSrF9
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