Ads
related to: verifone acquisition system
Search results
Results from the WOW.Com Content Network
The acquisition boosted Verifone's revenues to $125 million. By then, Verifone had entered the international market, starting with Australia in 1988 and placing its millionth ZON system in Finland in 1989. 1990s: Expansion into new markets. Verifone went public in March 1990, raising more than $54 million.
On August 4, 2011, VeriFone announced its completion of the acquisition of Hypercom U.S. business after reaching a settlement with antitrust regulators to sell Hypercom's U.S. payment systems business to an entity sponsored by investment firm Gores Group LLC Simultaneously, KleinPartners Capital announced the acquisition of Hypercom Spain S.A ...
VeriFone. In 2001, in partnership with Gores Technology Group (now, The Gores Group), Bergeron led the acquisition of VeriFone from Hewlett-Packard in a transaction valued at $50 million. Hewlett-Packard had acquired the business in 1998 for $1.3 billion. Upon completion of the VeriFone acquisition, Bergeron was named Chairman and CEO.
VeriFone Systems (NYS: PAY) carries $832 million of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.
For premium support please call: 800-290-4726 more ways to reach us
For premium support please call: 800-290-4726 more ways to reach us
As of 2012, Hewlett-Packard has made a total of 129 acquisitions since 1986. [a] [3] Its first acquisition was the F.L. Moseley Company in 1958. This move enabled HP to enter the plotter business, which was the predecessor to its printer business of today. [4] In 1989, HP purchased Apollo Computer for US$476 million, [5] [6] enabling HP to ...
VeriFone Enables Small and Medium-Sized Merchant Chip-and-PIN Acceptance for Smartphones and Tablets SAIL EMV Provides Secure Platform for Banks in More Than 100 Countries, across Six Continents ...
Ads
related to: verifone acquisition system