Tech Company M&A Transactions
Payworks Acquisition
Headquartered in Munich, Payworks was purchased by Visa. The companies did not announce the acquisition terms for the deal.
Transaction Overview
Company Name
Acquired By
Announced On
7/17/2019
Transaction Type
M&A
Amount
Unknown
M&A Terms
Visa will bring Payworks' cloud-based solution for in-store payment processing together with its CyberSource digital payment management platform to create an integrated a white-labeled omnichannel payment acceptance solution for merchants and acquirers. Financial terms of the transaction were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
ECommerce
Mailing Address
Dingolfinger Str. 15
Munich, 81673
Germany
Munich, 81673
Germany
Phone
Undisclosed
Website
Email Address
Overview
Payworks is the provider of Pulse, a next generation Point of Sale payment gateway technology.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Christian Deger
Chief Financial Officer
Heike O'Donnell
Chief Technical Officer
David Bellem
Co-Founder
Simon Eumes
VP - Product Management
Johannes Lechner
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