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  • Thu, Jul. 21, 8:12 AM
    • Based in London, VocaLink operates key payments technology platforms for U.K. payment schemes, including BACS, the automated clearing house enabling direct credit and direct debit payments between bank accounts.
    • The company had revenues of £182M last year, and processed more than 11B transactions. VocaLink CEO David Yates will join the MasterCard (NYSE:MA) management committee upon closing.
    • "We’re excited about the opportunity to play a bigger role in payments in the U.K., a very strategic market for us,” says MasterCard CEO Ajay Banga.
    • MasterCard expects the purchase to be dilutive for up to two years after the close. Should the deal close early next year, it would knock $0.05 off of EPS in 2017 and 2018.
    • A conference call to discuss is set for 9 ET.
    | Thu, Jul. 21, 8:12 AM | 4 Comments
  • Apr. 27, 2015, 4:54 PM
    • MasterCard (NYSE:MA) agrees to acquire Applied Predictive Technologies, an analytics software company that helps companies gauge pricing, marketing and merchandising, for $600M.
    • MA says APT helps companies tailor investments and boost earnings by using analytics to design, measure and calibrate marketing, merchandising, operations and capital initiatives.
    • MA says the deal will complement its recent acquisition of London-based retail consulting and analytics firm 5One, which was announced in November.
    | Apr. 27, 2015, 4:54 PM | 1 Comment
  • May 19, 2014, 9:18 AM
    • MasterCard (MA) buys ElectraCard Services Private for an undisclosed amount.
    • ElectraCard is an India-based firm that specializes in offering software and service to banks and retailers.
    • The company already had a minority position in ElectraCard.
    | May 19, 2014, 9:18 AM
  • Sep. 6, 2012, 6:34 PM

    MasterCard (MA) acquires Truaxis, a California-based company that develops targeted offers to consumers who receive them after logging onto a bank's website or mobile application. MasterCard says the acquisition will enable it to provide more meaningful offers, and give merchants and financial institutions access to better sales and customer service. Terms of the purchase weren't disclosed. Shares -0.3% AH.

    | Sep. 6, 2012, 6:34 PM
  • Aug. 23, 2011, 1:28 PM

    NetSpend (NTSP +6.9%) shares burst higher with M&A speculation making the rounds, as a Reuters story describes its depressed stock price and cutthroat competition in the prepaid debit card market making it a potential takeover target. Green Dot (GDOT +1.6%) is seen as the likeliest buyer, with potential interest also coming from Capital One (COF +2.3%).

    | Aug. 23, 2011, 1:28 PM