Verifone recent acquisitions
Verifone acquired 10 companies since 2010 with a total disclosed value of $1, 353m (for 6 transitions). The acquisitions were in the field of payment gateways, POS solutions, card reader components and interfaces, transaction switching solutions, and cashier technologies. Though generic reasons behind the acquisitions were to provide better customer service, expanding product portfolio, geographical, and product/services expansion, a deeper insight into Verifone’s acquisition reveal following trends: