INGENICO GROUP: Ingenico Group finalizes the acquisition of Nera Payment Solutions
(Thomson Reuters ONE) -
Press release
Paris, August 31, 2016
Ingenico Group finalizes the acquisition of Nera Payment Solutions
Ingenico Group (Euronext: FR0000125346 - ING), the global leader in seamless
payment, announced today that it has completed its acquisition of Nera Payment
Solutions Pte. Ltd, a subsidiary of Nera Telecommunications Ltd, a company
listed on the Singapore stock exchange (SGX: N01).
This acquisition will give to Ingenico Group a more extensive portfolio of
payment applications and the expanded distribution and service network it needs
for swift deployment of its entire product range in Southeast Asia.
About Ingenico Group
Ingenico Group (Euronext: FR0000125346 - ING) is the global leader in seamless
payment, providing smart, trusted and secure solutions to empower commerce
across all channels, in-store, online and mobile. With the world's largest
payment acceptance network, we deliver secure payment solutions with a local,
national and international scope. We are the trusted world-class partner for
financial institutions and retailers, from small merchants to several of the
world's best known global brands. Our solutions enable merchants to simplify
payment and deliver their brand promise.
Learn more at www.ingenico.com twitter.com/ingenico
About Nera Telecommunications Ltd
Nera Telecommunication Ltd (SGX: N01) has over 37 years' experience designing
communication solutions and telecommunications infrastructure. Headquartered in
Singapore, it has a global presence spanning 17 countries in SE Asia, Middle
East and Africa. With revenue of approximately S$182 million in 2015, the
company operates in two business segments:
1. Telecommunications
Nera provides wireless infrastructure networks, end-to-end solutions and
services in the wireless space to service providers, ISPs, broadcasters,
enterprises, government organizations, offshore and utilities. Nera's portfolio
covers in-building solutions, outdoor coverage enhancement, RF access network
optimization, benchmarking, 3G/ LTE base stations, licensed and unlicensed
point-to-point and point-to-multi-point microwave.
2. Infocommunications (comprises two business areas)
. Network Infrastructure: Nera provides high-performance solutions for IP
networks, digital TV broadcast networks and carrier-grade optical networks to
service providers, mobile carriers, broadcasters, enterprises, government, and
transport and utility companies.
. Payment Solutions: Nera provides distribution (via sale or leasing) and
maintenance of point-of-sales payment terminals, electronic payment solutions
and other value added services to the banking, financial services and retail
industries.
Contacts / Ingenico Group
Investors Investors Communication
Stéphanie Constand Caroline Alamy Coba Taillefer
VP Investor Relations Investor Relations Manager External Communication
stephanie.constand(at)ingenico.com caroline.alamy(at)ingenico.com Manager
(T) / 01 58 01 85 68 (T) / 01 58 01 85 09 coba.taillefer(at)ingenico.com
(T) / 01 58 01 89 62
PDF VERSION:
http://hugin.info/143483/R/2038746/759812.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: INGENICO via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 31.08.2016 - 17:45 Uhr
Sprache: Deutsch
News-ID 492065
Anzahl Zeichen: 4179
contact information:
Town:
Paris
Kategorie:
Business News
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