Acquisition

An asset or object bought or obtained, typically by a library or museum.

Source: merriam-webster.com

WEX Digs Deeper Into Healthcare With Discovery Benefits Buy
WEX Digs Deeper Into Healthcare With Discovery Benefits Buy
January 17, 2019  |  Partnerships / Acquisitions

Financial technology services company WEX is going to acquire Discovery Benefits (DBI), an employee benefits administrator, the company announced on Thursday (Jan. 17). DBI has...

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First Data And Fiserv: The ‘Industrial Logic’ Behind $22B Payments Tech Megadeal
First Data And Fiserv: The ‘Industrial Logic’ Behind $22B Payments Tech Megadeal
January 17, 2019  |  Partnerships / Acquisitions

Go big or go home, says the logic behind much deal-making on Wall Street. When it comes to technology mergers, providing a continuum of services...

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Fiserv Snaps Up First Data In $22B All-Stock Deal
Fiserv Snaps Up First Data In $22B All-Stock Deal
January 16, 2019  |  Partnerships / Acquisitions

Fiserv, the financial services firm, announced on Wednesday (Jan. 16) that it would buy First Data, the payments processor, in a deal valued at $22...

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Amex Buys Japanese Restaurant Platform
Amex Buys Japanese Restaurant Platform
January 15, 2019  |  Partnerships / Acquisitions

American Express has acquired Pocket Concierge, a restaurant reservation platform that provides customers with access to high-end restaurants in Japan, the company announced on Tuesday...

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Hong Kong’s JETCO Unveils APIX Platform; Terra To Pilot Blockchain Payments In Mongolia
Hong Kong’s JETCO Unveils APIX Platform; Terra To Pilot Blockchain Payments In Mongolia
January 14, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the unveiling of an application programming interface (API) platform with...

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Paya Acquisition Aims To Solve City Hall’s Paper (Billing) Chase
Paya Acquisition Aims To Solve City Hall’s Paper (Billing) Chase
January 09, 2019  |  Partnerships / Acquisitions

Build or buy — or how about buy, then build? Continuing an acquisitive strategy that seeks to expand integrated payment capabilities, Paya said on Tuesday...

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Standard Cognition Acquires Explorer.ai To Enhance Autonomous Checkout
Standard Cognition Acquires Explorer.ai To Enhance Autonomous Checkout
January 07, 2019  |  Partnerships / Acquisitions

Standard Cognition, the company that makes artificial intelligence-powered autonomous checkout for retailers, announced on Monday (Jan. 7) that it has acquired Explorer.ai, which makes mapping...

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Startups Turn To PE Firms For Exits
Startups Turn To PE Firms For Exits
December 28, 2018  |  Startups

Ajay Chopra, who founded Pinnacle Systems, a digital video hardware and software company for consumer and broadcast markets, wrote a column in TechCrunch about the...

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Target Wants To Ramp Up Shipt Deliveries In The New Year
Target Wants To Ramp Up Shipt Deliveries In The New Year
December 28, 2018  |  Retail

Target bought Shipt in December 2017 for $550 million. It was one of the largest acquisitions at the time for the company, and it moved...

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