October 4th, 2010

Electronic payment solutions provider VeriFone Systems acquires majority stake in Italy's ABS

California, U.S.-based VeriFone Systems, a secure electronic payment solutions provider, has acquired an 80% majority stake in Italy’s All Business Solutions (ABS) from ABS’ founders and from ACI Informatica, the IT body of ACI (Automobile Club d’Italia) Group, which will retain a minority share. The terms of the deal remain undisclosed. → Read More