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On August 4, 2011, VeriFone announced its completion of the acquisition of
Hypercom U.S. business after reaching a settlement with antitrust regulators to sell Hypercom's U.S. payment systems business to an entity sponsored by investment firm Gores Group LLC Simultaneously, KleinPartners Capital
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On April 4, 2011, Ingenico announced its agreement to acquire
Hypercom's U.S. Payment Systems Business prior to the close of the VeriFone acquisition On the same day it announced that its UK and Spanish operations would be sold separately to a
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to provide its terminals to them in the US. To consolidate the deal, Hypercom moved its head office from
Australia to Arizona in the US. It then faced head-to-head competition with
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announced the acquisition of
Hypercom Spain S.A. and Hypercom UK, with Kazem Aminaee, the former President of Hypercom Europe, Middle East, and Africa, forming Spire Payments
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Hypercom was founded by
Hungarian born George Wallner, David Saul, Brian Pascoe, and Leslie Fritz in Sydney Australia in 1978. It went on to dominate the
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303:"Justice Department Files Antitrust Lawsuit to Stop VeriFone from Buying Hypercom and Entering into Anticompetitive Divestiture Agreement with Ingenico"
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On
September 30, 2011, Hypercom US announced it formally changed its corporate name to Equinox Payments, LLC.
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lawsuit to block the proposed acquisition of
Hypercom by VeriFone saying the planned sale of Hypercom's U.S.
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329:"VeriFone, Hypercom complete merger after reaching agreement with Justice Department"
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region in terms of payment terminals. In 1988 the company signed a deal with
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399:"Payment Industry Leader Hypercom USA Changes Name to Equinox Payments, LLC"
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terminal business to
Ingenico does not resolve the antitrust concerns
267:"Ingenico Agrees to acquire Hypercom's U.S. Payment Systems Business"
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Norman Stout, Chairman; Philippe
Tartavull, CEO & President
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401:(Press release). Reuters. 30 September 2011. Archived from
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Funding
Universe.com: "A history of Hypercom through 1998"
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Companies formerly listed on the New York Stock Exchange
357:(Press release). Reuters. 4 August 2011. Archived from
287:(Press release). Reuters. 4 August 2011. Archived from
269:(Press release). Reuters. 4 April 2014. Archived from
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Official Equinox Payments website (formerly Hypercom)
305:(Press release). Department of Justice. 12 May 2011.
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Financial services companies disestablished in 2011
355:"Hypercom UK and Spain Acquired by Spire Payments"
285:"Hypercom UK and Spain Acquired by Spire Payments"
201:and this business was renamed as Spire Payments.
165:was an Australian company which was a pioneer of
490:Defunct manufacturing companies based in Arizona
465:Financial services companies established in 1978
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455:Defunct software companies of the United States
331:(Press release). Yahoo Finance. 4 August 2011.
480:Manufacturing companies disestablished in 2011
475:Manufacturing companies established in 1978
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373:"Company Overview of Spire Payments Ltd"
169:and software. It was acquired by rival
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167:electronic payment processing hardware
309:from the original on 18 October 2022
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379:from the original on 10 March 2018
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445:2011 disestablishments in Arizona
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241:"Hypercom Corporation History"
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460:Point of sale companies
16:Former software company
375:. Bloomberg Business.
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361:on 24 September 2015.
273:on 24 September 2015.
206:Department of Justice
204:On May 12, 2011, The
243:. Funding Universe.
193:on its home market.
163:Hypercom Corporation
22:Hypercom Corporation
291:on 8 December 2015.
112:Scottsdale, Arizona
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139:Payment terminals
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107:Headquarters
99:Acquired by
36:Company type
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434:Categories
383:8 December
339:14 January
313:14 January
251:8 December
227:References
126:Key people
56:: HYC
210:antitrust
173:in 2011.
152:.hypercom
65:Australia
48:Traded as
377:Archived
333:Archived
307:Archived
245:Archived
191:VeriFone
171:VeriFone
135:Products
101:Verifone
177:History
145:Website
88:Defunct
80:Founder
69: (
67:, (1978
61:Founded
40:Public
385:2015
341:2023
315:2023
253:2015
154:.com
96:Fate
91:2011
71:1978
54:NYSE
214:POS
150:www
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