ATM consolidations are sign of economic recession, end of heyday for some
来源:百度文库 编辑:神马文学网 时间:2024/04/27 19:39:49
By Gary Wollenhaupt contributor
• 08 Dec 2008
As transactions for the acquisition of some of the biggest names in the ATM industry are digested, it’s uncertain what will come next as the U.S. economy continues to slow down. In 2008, TSYS Acquiring Solutions, based in Columbus, Ga., acquired Infonox, a California-based technology firm that specializes in payment technology. The takeover of Tranax Technologies, based in Hayward, Calif., by Korea-based Eltna Group, appears to be complete. In Long Beach, Miss., staffers at Triton Systems await Department of Justice approval for the acquisition by Seoul, Korea-based Nautilus Hyosung Inc. And while some industry insiders have speculated about whether the deal will actually go through, Nautilus Hyosung executives say they expect the acquisition to wrap before the close of the first quarter of 2009.