VeriFone Equipment has announced the all-stock acquisition of Hypercom, a digital payment and electronic transaction technology company, for approximately $485 million. Hypercom provides countertop and mobile card payment terminals as well as PIN and server-based payment systems for retail, petroleum, ticketing and parking sectors. The acquisition will help VeriFone expand its presence in European markets and is expected to close in the second half of 2011.

1. Hypercom
Digital repayments options company VeriFone Equipment has actually just announced the purchase
of Hypercom, a company that markets safe and secure digital payment and electronic deal
technologies. The bargain is an all-stock purchase valued at approximately $485 million. The
hypercom bargain is expected to enclose the second half of 2011.
Hypercom's products range from countertop and mobile card payment terminals as well as PIN
access tools to server-based payment systems that consolidate, manage and path purchases for the
retail, petroleum, ticketing and also vehicle parking sectors.The firm likewise supplies the clinical
sector with e-health terminals for new electronic health and wellness cards, and self-service
payment devices for mass transit rail ticketing, road tolls and car parking meters, vending machines,
booths, petroleum forecourts and more in Europe, the Middle East, Asia Pacific as well as North
America
Hypercom's states its profits have boosted from almost $290 million to approximately $450 million.
Verifone is acquiring the business to increase its visibility in European markets.
For more information go to http//www.hypercom.org