MasterCard jumps into UK payments technologies, buys VocaLink for up to $1.14B in cash

Ingrid Lunden posted: "For those keeping tabs, one more big tech company built and operating in the UK has been acquired 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, direc"

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MasterCard jumps into UK payments technologies, buys VocaLink for up to $1.14B

by Ingrid Lunden

For those keeping tabs, one more big tech company built and operating in the UK has been acquired 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: £700 million ($920 million), […]

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Ingrid Lunden | July 21, 2016 at 5:42 am | Categories: TC | URL: http://wp.me/p1FaB8-5GUX

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